New Construction in Birmingham Metro
Chelsea, AL 35147
4bd • 2.5ba • Built: 2026
Zoned Chelsea Schools!
| Estimated Square Feet | 1,613 | | Initial Market Value | $314,900 | | Purchase Price | $314,900 | | Downpayment | $78,725 | | Loan Origination Fees | $2,362 | | Depreciable Closing Costs | $3,149 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $84,236 | | Cost per Square Foot / per Bedroom | $195 / $78,725 | | Monthly Rent per SQFT / per Bedroom | $1.15 / $463 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $1,850 | $22,200 | | Vacancy Losses | ($148) | ($1,776) | | Operating Income | $1,702 | $20,424 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($171) | ($2,047) | | Insurance | ($105) | ($1,260) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($20) | ($240) | | Maintenance | ($37) | ($444) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($333) | ($3,990) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,369 | $16,434 | | - Mortgage Payments | ($1,111) | ($13,327) | | = Cash Flow | $259 | $3,107 | | + Principal Reduction | $354 | $4,250 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $590 | $7,085 | | + First-Year Appreciation | $1,575 | $18,894 | | = Gross Equity Income | $2,778 | $33,336 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $236,175 | N/A | | Monthly Payment | $1,110.58 | N/A | | Loan Type | Amortizing ARM | N/A | | Term | 7 Years | N/A | | Nominal / Real Interest Rate | 3.875% / 0.875% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.6% | | Debt Coverage Ratio | 1.23 | | Annual Gross Rent Multiplier | 14 | | Capitalization Rate | 5.2% | | Cash on Cash Return | 4% | | Return on Investment | 31% | | Return on Investment with IIDD | 40% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 6% | | Projected Inflation Rate | 3% | | Vacancy Rate | 8% | | Management Fee | 0% | | Maintenance Percentage | 2% |
| 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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