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 |
|---|
| 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 |
|---|
| 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 | |
|---|
| Capitalization Rate | 6.3% | | Cash on Cash Return | 2% | | Total Return on Investment | 28% |
| 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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