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New Construction in Huntsville Metro - Townhouse
Madison, AL 35757
3bd • 2ba • Built: 2026
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
Madison, AL 35757
3bd • 2ba • Built: 2026
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Projected Rent | $24,000 | $24,960 | $25,958 | $26,997 | $28,077 | $29,200 | $30,368 | $31,582 | $32,846 | $34,159 |
| Vacancy Losses | ($1,920) | ($1,997) | ($2,077) | ($2,160) | ($2,246) | ($2,336) | ($2,429) | ($2,527) | ($2,628) | ($2,733) |
| Operating Income | $22,080 | $22,963 | $23,882 | $24,837 | $25,830 | $26,864 | $27,938 | $29,056 | $30,218 | $31,427 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($2,421) | ($2,493) | ($2,568) | ($2,645) | ($2,724) | ($2,806) | ($2,890) | ($2,977) | ($3,066) | ($3,158) |
| Insurance | ($1,564) | ($1,611) | ($1,659) | ($1,709) | ($1,760) | ($1,813) | ($1,868) | ($1,924) | ($1,981) | ($2,041) |
| Management Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Association Fees | ($1,800) | ($1,854) | ($1,910) | ($1,967) | ($2,026) | ($2,087) | ($2,149) | ($2,214) | ($2,280) | ($2,349) |
| Maintenance | ($480) | ($494) | ($509) | ($525) | ($540) | ($556) | ($573) | ($590) | ($608) | ($626) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($6,265) | ($6,453) | ($6,646) | ($6,846) | ($7,051) | ($7,262) | ($7,480) | ($7,705) | ($7,936) | ($8,174) |
| Income Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Operating Income | $15,815 | $16,511 | $17,236 | $17,991 | $18,780 | $19,601 | $20,458 | $21,351 | $22,282 | $23,253 |
| - Mortgage Payments | ($16,982) | ($16,982) | ($16,982) | ($16,982) | ($16,982) | ($16,982) | ($16,982) | ($13,598) | ($13,598) | ($13,598) |
| = Cash Flow | ($1,166) | ($471) | $254 | $1,010 | $1,798 | $2,619 | $3,476 | $7,753 | $8,684 | $9,655 |
| + Principal Reduction | $4,506 | $4,713 | $4,929 | $5,156 | $5,392 | $5,640 | $5,899 | $11,219 | $11,332 | $11,446 |
| + Appreciation | $22,344 | $23,684 | $25,105 | $26,612 | $28,208 | $29,901 | $31,695 | $33,597 | $35,612 | $37,749 |
| = Gross Equity Income | $25,683 | $27,926 | $30,288 | $32,777 | $35,399 | $38,161 | $41,070 | $52,568 | $55,628 | $58,849 |
| Capitalization Rate | 4.0% | 3.9% | 3.9% | 3.8% | 3.8% | 3.7% | 3.7% | 3.6% | 3.5% | 3.5% |
| Cash on Cash Return | -1.1% | -0.4% | 0.2% | 1.0% | 1.7% | 2.5% | 3.3% | 7.4% | 8.3% | 9.2% |
| Return on Equity | 21.4% | 18.8% | 17.0% | 15.6% | 14.5% | 13.7% | 13.0% | 14.5% | 13.6% | 12.9% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Value | $394,739 | $418,423 | $443,528 | $470,140 | $498,349 | $528,249 | $559,944 | $593,541 | $629,154 | $666,903 |
| - Loan Balance | ($274,791) | ($270,078) | ($265,149) | ($259,993) | ($254,601) | ($248,961) | ($243,061) | ($231,842) | ($220,511) | ($209,065) |
| = Equity | $119,948 | $148,345 | $178,380 | $210,147 | $243,748 | $279,289 | $316,883 | $361,699 | $408,643 | $457,838 |
| Loan-to-Value Ratio | 69.6% | 64.5% | 59.8% | 55.3% | 51.1% | 47.1% | 43.4% | 39.1% | 35.0% | 31.3% |
| Potential Cash-Out Refi | $41,000 | $64,660 | $89,674 | $116,119 | $144,078 | $173,639 | $204,894 | $242,990 | $282,812 | $324,457 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $119,948 | $148,345 | $178,380 | $210,147 | $243,748 | $279,289 | $316,883 | $361,699 | $408,643 | $457,838 |
| - Closing Costs | ($27,632) | ($29,290) | ($31,047) | ($32,910) | ($34,884) | ($36,977) | ($39,196) | ($41,548) | ($44,041) | ($46,683) |
| = Proceeds After Sale | $92,316 | $119,055 | $147,333 | $177,237 | $208,863 | $242,311 | $277,687 | $320,151 | $364,602 | $411,154 |
| + Cumulative Cash Flow | ($1,166) | ($1,638) | ($1,384) | ($374) | $1,424 | $4,043 | $7,519 | $15,272 | $23,956 | $33,610 |
| - Approximate Cash Invested | ($105,202) | ($105,202) | ($105,202) | ($105,202) | ($105,202) | ($105,202) | ($105,202) | ($105,202) | ($105,202) | ($105,202) |
| = Net Profit | ($14,052) | $12,216 | $40,747 | $71,661 | $105,085 | $141,153 | $180,005 | $230,221 | $283,356 | $339,563 |
| Internal Rate of Return | -13.4% | 5.6% | 11.4% | 13.8% | 14.8% | 15.2% | 15.3% | 15.6% | 15.7% | 15.7% |
| Return on Investment | -13.4% | 11.6% | 38.7% | 68.1% | 99.9% | 134.2% | 171.1% | 218.8% | 269.3% | 322.8% |
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