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New Construction in Huntsville Metro
Madison, AL 35757
4bd • 3ba • 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
4bd • 3ba • 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 | $27,000 | $28,080 | $29,203 | $30,371 | $31,586 | $32,850 | $34,164 | $35,530 | $36,951 | $38,429 |
| Vacancy Losses | ($2,160) | ($2,246) | ($2,336) | ($2,430) | ($2,527) | ($2,628) | ($2,733) | ($2,842) | ($2,956) | ($3,074) |
| Operating Income | $24,840 | $25,834 | $26,867 | $27,942 | $29,059 | $30,222 | $31,431 | $32,688 | $33,995 | $35,355 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($2,467) | ($2,541) | ($2,617) | ($2,695) | ($2,776) | ($2,860) | ($2,945) | ($3,034) | ($3,125) | ($3,219) |
| Insurance | ($1,594) | ($1,642) | ($1,691) | ($1,742) | ($1,794) | ($1,848) | ($1,903) | ($1,960) | ($2,019) | ($2,080) |
| 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 | ($648) | ($667) | ($687) | ($708) | ($729) | ($751) | ($774) | ($797) | ($821) | ($845) |
| Maintenance | ($540) | ($556) | ($573) | ($590) | ($608) | ($626) | ($645) | ($664) | ($684) | ($705) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($5,249) | ($5,406) | ($5,568) | ($5,735) | ($5,907) | ($6,085) | ($6,267) | ($6,455) | ($6,649) | ($6,848) |
| 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 | $19,591 | $20,427 | $21,299 | $22,206 | $23,152 | $24,137 | $25,163 | $26,233 | $27,346 | $28,507 |
| - Mortgage Payments | ($17,306) | ($17,306) | ($17,306) | ($17,306) | ($17,306) | ($17,306) | ($17,306) | ($13,858) | ($13,858) | ($13,858) |
| = Cash Flow | $2,286 | $3,122 | $3,993 | $4,900 | $5,846 | $6,831 | $7,858 | $12,375 | $13,489 | $14,649 |
| + Principal Reduction | $4,592 | $4,803 | $5,023 | $5,254 | $5,495 | $5,748 | $6,012 | $11,433 | $11,548 | $11,664 |
| + Appreciation | $22,770 | $24,136 | $25,584 | $27,119 | $28,747 | $30,471 | $32,300 | $34,238 | $36,292 | $38,469 |
| = Gross Equity Income | $29,647 | $32,060 | $34,600 | $37,274 | $40,088 | $43,050 | $46,169 | $58,046 | $61,329 | $64,782 |
| Capitalization Rate | 4.9% | 4.8% | 4.7% | 4.6% | 4.6% | 4.5% | 4.4% | 4.3% | 4.3% | 4.2% |
| Cash on Cash Return | 2.0% | 2.7% | 3.5% | 4.3% | 5.1% | 6.0% | 6.9% | 10.8% | 11.8% | 12.8% |
| Return on Equity | 24.3% | 21.2% | 19.0% | 17.4% | 16.1% | 15.1% | 14.3% | 15.7% | 14.7% | 13.9% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Value | $402,270 | $426,406 | $451,991 | $479,110 | $507,857 | $538,328 | $570,628 | $604,865 | $641,157 | $679,627 |
| - Loan Balance | ($280,033) | ($275,231) | ($270,208) | ($264,954) | ($259,458) | ($253,711) | ($247,699) | ($236,266) | ($224,718) | ($213,054) |
| = Equity | $122,237 | $151,175 | $181,783 | $214,156 | $248,398 | $284,617 | $322,929 | $368,600 | $416,439 | $466,573 |
| 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 | $41,783 | $65,894 | $91,385 | $118,334 | $146,827 | $176,952 | $208,803 | $247,626 | $288,208 | $330,647 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $122,237 | $151,175 | $181,783 | $214,156 | $248,398 | $284,617 | $322,929 | $368,600 | $416,439 | $466,573 |
| - Closing Costs | ($28,159) | ($29,848) | ($31,639) | ($33,538) | ($35,550) | ($37,683) | ($39,944) | ($42,341) | ($44,881) | ($47,574) |
| = Proceeds After Sale | $94,078 | $121,327 | $150,144 | $180,619 | $212,848 | $246,934 | $282,985 | $326,259 | $371,558 | $418,999 |
| + Cumulative Cash Flow | $2,286 | $5,407 | $9,400 | $14,301 | $20,147 | $26,978 | $34,835 | $47,210 | $60,699 | $75,348 |
| - Approximate Cash Invested | ($114,209) | ($114,209) | ($114,209) | ($114,209) | ($114,209) | ($114,209) | ($114,209) | ($114,209) | ($114,209) | ($114,209) |
| = Net Profit | ($17,845) | $12,525 | $45,335 | $80,710 | $118,786 | $159,704 | $203,612 | $259,261 | $318,049 | $380,138 |
| Internal Rate of Return | -15.6% | 5.4% | 12.0% | 14.7% | 15.9% | 16.4% | 16.6% | 16.9% | 17.0% | 17.0% |
| Return on Investment | -15.6% | 11.0% | 39.7% | 70.7% | 104.0% | 139.8% | 178.3% | 227.0% | 278.5% | 332.8% |
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