Vaughn Single Family
Montgomery, AL 36106
3BR/2BA Townhome Home, Built in 1976
Square Feet | 2,332 | Purchase Price | $174,900 | Initial Market Value | $174,900 | Downpayment | $43,725 | Closing Costs | $11,696 | Initial Cash Invested | $55,421 |
Income & Expenses | Monthly | Annual |
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Gross 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 |
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Net Operating Income | $988 | $11,852 | - Mortgage Payments | $872 | $10,462 | = Cash Flow | $116 | $1,390 | + Principal Reduction | $111 | $1,335 | + First-Year Appreciation | $875 | $10,494 | = Gross Equity Income | $1,102 | $13,219 |
| Financial Indicators | |
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Capitalization Rate | 6.8% | Cash on Cash Return | 3% | Total Return on Investment | 24% |
Assumptions | |
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Real Estate 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.
| *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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