New Construction in Birmingham Metro
Alabama
bed4 Bedsbathtub2.5 Bathscalendar_todayBuilt 2026 | Estimated Square Feet | 2,174 | | Initial Market Value | $355,900 | | Price | $355,900 | | Downpayment | $88,975 | | Loan Origination Fees | $2,669 | | Depreciable Closing Costs | $3,559 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $95,203 | | Minimum Recommended Cash Reserves | $14,236 | | Cost per Square Foot / per Bedroom | $164 / $88,975 | | Monthly Rent per SQFT / per Bedroom | $0.97 / $525 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,100 | $25,200 | | Vacancy Losses | ($168) | ($2,016) | | Operating Income | $1,932 | $23,184 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($193) | ($2,313) | | Insurance | ($133) | ($1,602) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($55) | ($660) | | Maintenance | ($63) | ($756) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($444) | ($5,331) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,488 | $17,853 | | - Mortgage Payments | ($1,255) | ($15,062) | | = Cash Flow | $233 | $2,791 | | + Principal Reduction | $400 | $4,804 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $779 | $9,342 | | + One Year Appreciation | $1,780 | $21,354 | | = Gross Equity Income | $3,191 | $38,291 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $266,925 | N/A | | Monthly Payment | $1,255.18 | 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™) | 0.59% | | Debt Coverage Ratio | 1.19 | | Annual Gross Rent Multiplier | 14 | | Capitalization Rate | 5.0% | | Cash on Cash Return | 3% | | Return on Investment (ROI) | 30% | | Return on Investment with IIDD | 40% | | + 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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