New Construction in Huntsville Metro
Athens, AL 35613
3 Beds - 2 Baths - 2 Car Garage
| Square Feet | 1,703 | | Purchase Price | $293,985 | | Initial Market Value | $293,985 | | Downpayment | $73,496 | | Closing Costs | $5,145 | | Initial Cash Invested | $78,641 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,095 | $25,140 | | Vacancy Losses | $168 | $2,011 | | Operating Income | $1,927 | $23,129 | | Operating Expenses | $477 | $5,724 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,450 | $17,405 | | - Mortgage Payments | $1,304 | $15,651 | | = Cash Flow | $146 | $1,754 | | + Principal Reduction | $231 | $2,771 | | + First-Year Appreciation | $1,470 | $17,639 | | = Gross Equity Income | $1,847 | $22,164 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 5.9% | | Cash on Cash Return | 2% | | Total Return on Investment | 28% |
| 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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