New Construction in Huntsville Metro
Huntsville, AL 35756
3 Beds - 2 Baths - 2 Car Garage
| Square Feet | 1,537 | | Purchase Price | $278,888 | | Initial Market Value | $278,888 | | Downpayment | $69,722 | | Closing Costs | $4,881 | | Initial Cash Invested | $74,603 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,195 | $26,340 | | Vacancy Losses | $176 | $2,107 | | Operating Income | $2,019 | $24,233 | | Operating Expenses | $477 | $5,721 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,543 | $18,512 | | - Mortgage Payments | $1,322 | $15,865 | | = Cash Flow | $221 | $2,647 | | + Principal Reduction | $195 | $2,338 | | + First-Year Appreciation | $1,394 | $16,733 | | = Gross Equity Income | $1,810 | $21,718 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 6.6% | | Cash on Cash Return | 4% | | 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.
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*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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