New Construction in Birmingham Metro
Alabama
bed4 Bedsbathtub2 Bathscalendar_todayBuilt 2026 | Estimated Square Feet | 1,774 | | Initial Market Value | $339,000 | | Price | $339,000 | | Downpayment | $84,750 | | Loan Origination Fees | $2,543 | | Depreciable Closing Costs | $3,390 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $90,683 | | Minimum Recommended Cash Reserves | $13,560 | | Cost per Square Foot / per Bedroom | $191 / $84,750 | | Monthly Rent per SQFT / per Bedroom | $1.10 / $488 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $1,950 | $23,400 | | Vacancy Losses | ($156) | ($1,872) | | Operating Income | $1,794 | $21,528 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($184) | ($2,204) | | Insurance | ($127) | ($1,526) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($85) | ($1,020) | | Maintenance | ($59) | ($702) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($454) | ($5,451) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,340 | $16,077 | | - Mortgage Payments | ($1,196) | ($14,347) | | = Cash Flow | $144 | $1,730 | | + Principal Reduction | $381 | $4,575 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $742 | $8,899 | | + One Year Appreciation | $1,695 | $20,340 | | = Gross Equity Income | $2,962 | $35,544 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $254,250 | N/A | | Monthly Payment | $1,195.58 | N/A | | Loan Type | Amortizing ARM | N/A | | Term | 7 Years | N/A | | Nominal / Real Interest Rate | 3.875% / 0.375% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.58% | | Debt Coverage Ratio | 1.12 | | Annual Gross Rent Multiplier | 14 | | Capitalization Rate | 4.7% | | Cash on Cash Return | 2% | | Return on Investment (ROI) | 29% | | Return on Investment with IIDD | 39% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 6.0% | | Gov CPI Inflation June '26 | 3.5% | | Vacancy Rate | 8% | | Management Fee | 0% | | Maintenance Percentage | 3% |
| Comments |
|---|
| New construction. Desirable Birmingham metro suburb. Up to 2% in seller concessions on financed purchase. |
*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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