New Construction in Huntsville Metro
Owens Cross Roads, AL 35763
4 Beds - 2 Baths - 2 Car Garage
Square Feet | 1,497 | Purchase Price | $271,900 | Initial Market Value | $271,900 | Downpayment | $67,975 | Closing Costs | $4,758 | Initial Cash Invested | $72,733 |
Income & Expenses | Monthly | Annual |
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Gross Rent | $2,050 | $24,600 | Vacancy Losses | $164 | $1,968 | Operating Income | $1,886 | $22,632 | Operating Expenses | $455 | $5,463 |
Net Performance | Monthly | Annual |
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Net Operating Income | $1,431 | $17,169 | - Mortgage Payments | $1,289 | $15,467 | = Cash Flow | $142 | $1,702 | + Principal Reduction | $190 | $2,279 | + First-Year Appreciation | $1,360 | $16,314 | = Gross Equity Income | $1,691 | $20,295 |
| Financial Indicators | |
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Capitalization Rate | 6.3% | Cash on Cash Return | 2% | Total Return on Investment | 28% |
Assumptions | |
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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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