New Construction in Huntsville Metro
Madison, AL 35757
4bd • 2ba • Built: 2025
Convenient to shopping and restaurants!
| Square Feet | 2,106 | | Initial Market Value | $385,900 | | Purchase Price | $385,900 | | Downpayment | $96,475 | | Loan Origination Fees | $2,894 | | Depreciable Closing Costs | $9,648 | | Other Costs and Fixup | $7,000 | | Approximate Cash Invested | $116,017 | | Cost per Square Foot | $183 | | Monthly Rent per Square Foot | $1.04 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,200 | $26,400 | | Vacancy Losses | ($176) | ($2,112) | | Operating Income | $2,024 | $24,288 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($209) | ($2,508) | | Insurance | ($135) | ($1,621) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($54) | ($648) | | Maintenance | ($44) | ($528) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($442) | ($5,305) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,582 | $18,983 | | - Mortgage Payments | ($1,466) | ($17,598) | | = Cash Flow | $115 | $1,385 | | + Principal Reduction | $389 | $4,669 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $724 | $8,683 | | + First-Year Appreciation | $1,930 | $23,154 | | = Gross Equity Income | $3,158 | $37,891 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | 0% | | Loan Amount | $289,425 | $0 | | Monthly Payment | $1,466.47 | $0.00 | | Loan Type | Amortizing ARM | | | Term | 7 Years | | | Interest Rate | 4.500% | 0.000% | | Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.6% | | Debt Coverage Ratio | 1.08 | | Annual Gross Rent Multiplier | 15 | | Capitalization Rate | 4.9% | | Cash on Cash Return | 1% | | Return on Investment | 25% | | Return on Investment with IIDD | 33% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Projected Inflation Rate | 3% | | Vacancy Rate | 8% | | Management Fee | 0% | | Maintenance Percentage | 2% |
| Comments |
|---|
| New construction. Excellent location! Cash purchase incentives available. Up to 2% in seller concessions on financed purchase. One time HOA fee of $7,000 at closing. |
*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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