New Construction in Huntsville Metro
Athens, AL 35613
3 Beds - 2 Baths - 2 Car Garage
| Square Feet | 1,846 | | Purchase Price | $299,895 | | Initial Market Value | $299,895 | | Downpayment | $74,974 | | Closing Costs | $5,248 | | Initial Cash Invested | $80,222 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,150 | $25,800 | | Vacancy Losses | $172 | $2,064 | | Operating Income | $1,978 | $23,736 | | Operating Expenses | $476 | $5,711 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,502 | $18,025 | | - Mortgage Payments | $1,330 | $15,966 | | = Cash Flow | $172 | $2,059 | | + Principal Reduction | $236 | $2,827 | | + First-Year Appreciation | $1,499 | $17,994 | | = Gross Equity Income | $1,907 | $22,880 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 6.0% | | Cash on Cash Return | 3% | | Total Return on Investment | 29% |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 108% |
| Comments |
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| Photos may be representative. Furniture not included. |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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