New Construction in Huntsville Metro
Owens Cross Roads, AL 35763
3 Beds - 2 Baths - 2 Car Garage
| Square Feet | 1,272 | | Purchase Price | $259,900 | | Initial Market Value | $259,900 | | Downpayment | $77,970 | | Closing Costs | $4,418 | | Initial Cash Invested | $82,388 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $1,895 | $22,740 | | Vacancy Losses | $152 | $1,819 | | Operating Income | $1,743 | $20,921 | | Operating Expenses | $440 | $5,276 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,304 | $15,645 | | - Mortgage Payments | $1,150 | $13,799 | | = Cash Flow | $154 | $1,846 | | + Principal Reduction | $169 | $2,033 | | + First-Year Appreciation | $1,300 | $15,594 | | = Gross Equity Income | $1,623 | $19,474 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 6.0% | | Cash on Cash Return | 2% | | Total Return on Investment | 24% |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 108% |
| Comments |
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| Photos may be representative. A+ schools! |
*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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