Huntsville, AL


$ 122,500 - Buy & Hold

3.0 bd | 2.0 ba | 1,171 sqft | 1980 yr | $ 1,400 Rent

IRR
19.66 %
Yield-on-Cost
7.38 %
Cash on Cash
11.07 %
Net Monthly Cashflow
$409

Description

Great three bedroom two bath home on huge lot, good curb appeal, gigantic living room, open kitchen, this property has potential for a flip or as a good buy and hold investment.


Buy & Hold Analysis

  • ARV: $210,000
  • Yield-on-Cost: 7.38 %
  • Net Monthly Cashflow: $409
  • Monthly Rent: $1,400

Financial Analysis

  • Loan Amnt: $ 125,625.00
  • All-in Cost: $ 169,981.25
  • Debt Coverage Ratio: 1.64 %
  • Total Out of Pocket: $ 44,356.25
  • Monthly Mortgage: $ 636.52

Expense Assumptions

  • Prop Insurance: $800
  • Prop Mgmt Fee: $1,596
  • Vacancy: $840
  • Capex: $0

Financing Assumptions

  • Down Payment: $41,875
  • Interest Rate: 4.50 %
  • Loan Term Months: 360.00
  • Points: $1,256

Other Assumptions

  • Closing Cost: $ 1,225
  • Rental Holding Period: 4.00


Contact An Agent About This Property