Vaughn Single Family
Montgomery, AL 36106
3 bedrooms 2 bathrooms
3BR/2BA Townhome Home, Built in 1976
| General Information | |
|---|
| Square Feet | 2,332 | | Purchase Price | $174,900 | | Initial Market Value | $174,900 | | Downpayment | $43,725 | | Closing Costs | $11,369 | | Approximate Cash Invested | $55,094 |
| Income & Expenses | Monthly | Annual |
|---|
| Projected Rent | $1,500 | $18,000 | | Vacancy Losses | $120 | $1,440 | | Operating Income | $1,380 | $16,560 | | Operating Expenses | $392 | $4,708 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $988 | $11,852 | | - Mortgage Payments | $808 | $9,692 | | = Cash Flow | $180 | $2,160 | | + Principal Reduction | $128 | $1,537 | | + First-Year Appreciation | $875 | $10,494 | | = Gross Equity Income | $1,183 | $14,191 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 6.8% | | Cash on Cash Return | 4% | | Return on Investment | 26% |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 8% |
| Comments |
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Occupied 3BR/2BA home is centrally located in the off Vaughn road. Fabulous home with lots of space. Great yard with beautiful private patio & arbor. This is an assignment contract. Tenant to renew lease in June.
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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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