New Construction in Huntsville Metro - Townhouse
Owens Crossroads, AL 35763
3bd • 2ba • Built: 2026
Zoned OXR Schools!
| Estimated Square Feet | 1,850 | | Initial Market Value | $274,400 | | Purchase Price | $274,400 | | Downpayment | $68,600 | | Loan Origination Fees | $2,058 | | Depreciable Closing Costs | $2,744 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $73,402 | | Cost per Square Foot / per Bedroom | $148 / $91,467 | | Monthly Rent per SQFT / per Bedroom | $1.00 / $617 |
| 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 | ($149) | ($1,784) | | Insurance | ($91) | ($1,098) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($150) | ($1,800) | | Maintenance | ($37) | ($444) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($427) | ($5,125) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,275 | $15,299 | | - Mortgage Payments | ($1,043) | ($12,513) | | = Cash Flow | $232 | $2,786 | | + Principal Reduction | $277 | $3,320 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $515 | $6,174 | | + First-Year Appreciation | $1,372 | $16,464 | | = Gross Equity Income | $2,395 | $28,744 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $205,800 | N/A | | Monthly Payment | $1,042.76 | N/A | | Loan Type | Amortizing ARM | N/A | | Term | 7 Years | N/A | | Nominal / Real Interest Rate | 4.500% / 1.500% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.7% | | Debt Coverage Ratio | 1.22 | | Annual Gross Rent Multiplier | 12 | | Capitalization Rate | 5.6% | | Cash on Cash Return | 4% | | Return on Investment | 31% | | Return on Investment with IIDD | 39% | | + 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. Cash purchase incentives available. 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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