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Long-Term Rental Analysis
2114 Norris Rd NW, Huntsville, AL 35810
$140,0003 beds • 2 baths • 1553 sqft

This property might be a fair Long-Term investment with a projected 4.45% first-year return on $29,400 initial cash invested.

Cash On Cash
4.45%
Cap Rate
7.92%
Rent
$1,395
Signal: Med.
Cashflow
$109
Financing

Purchase Price  $140k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $29,400
Downpayment  $28,000
Closing costs  $1,400
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,395
Total Expenses  $1,286
Mortgage P&I  $745
Property Taxes  $128
Home Insurance  $49
PManagement  $140
CapEx  $70
Vacancy  $84
Maintenance  $70
Other  $0
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