New Construction in Huntsville Metro
Huntsville, AL 35811
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 | $23,400 | $24,336 | $25,309 | $26,322 | $27,375 | $28,470 | $29,608 | $30,793 | $32,025 | $33,305 |
| Vacancy Losses | ($1,872) | ($1,947) | ($2,025) | ($2,106) | ($2,190) | ($2,278) | ($2,369) | ($2,463) | ($2,562) | ($2,664) |
| Operating Income | $21,528 | $22,389 | $23,285 | $24,216 | $25,185 | $26,192 | $27,240 | $28,329 | $29,463 | $30,641 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($2,100) | ($2,163) | ($2,228) | ($2,295) | ($2,364) | ($2,435) | ($2,508) | ($2,583) | ($2,661) | ($2,741) |
| Insurance | ($1,293) | ($1,331) | ($1,371) | ($1,412) | ($1,455) | ($1,498) | ($1,543) | ($1,590) | ($1,637) | ($1,687) |
| 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 | ($504) | ($519) | ($535) | ($551) | ($567) | ($584) | ($602) | ($620) | ($638) | ($658) |
| Maintenance | ($468) | ($482) | ($497) | ($511) | ($527) | ($543) | ($559) | ($576) | ($593) | ($611) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($4,365) | ($4,496) | ($4,631) | ($4,770) | ($4,913) | ($5,060) | ($5,212) | ($5,368) | ($5,530) | ($5,695) |
| 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 | $17,163 | $17,893 | $18,654 | $19,446 | $20,272 | $21,132 | $22,028 | $22,961 | $23,933 | $24,946 |
| - Mortgage Payments | ($14,736) | ($14,736) | ($14,736) | ($14,736) | ($14,736) | ($14,736) | ($14,736) | ($11,800) | ($11,800) | ($11,800) |
| = Cash Flow | $2,427 | $3,157 | $3,918 | $4,710 | $5,536 | $6,396 | $7,291 | $11,161 | $12,133 | $13,146 |
| + Principal Reduction | $3,910 | $4,090 | $4,277 | $4,474 | $4,679 | $4,894 | $5,119 | $9,735 | $9,833 | $9,932 |
| + Appreciation | $19,389 | $20,552 | $21,785 | $23,093 | $24,478 | $25,947 | $27,504 | $29,154 | $30,903 | $32,757 |
| = Gross Equity Income | $25,726 | $27,799 | $29,980 | $32,277 | $34,693 | $37,237 | $39,914 | $50,050 | $52,869 | $55,835 |
| Capitalization Rate | 5.0% | 4.9% | 4.8% | 4.8% | 4.7% | 4.6% | 4.5% | 4.5% | 4.4% | 4.3% |
| Cash on Cash Return | 2.8% | 3.7% | 4.5% | 5.4% | 6.4% | 7.4% | 8.4% | 12.9% | 14.0% | 15.2% |
| Return on Equity | 24.7% | 21.6% | 19.4% | 17.7% | 16.4% | 15.4% | 14.5% | 15.9% | 14.9% | 14.1% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $342,539 | $363,091 | $384,877 | $407,969 | $432,448 | $458,394 | $485,898 | $515,052 | $545,955 | $578,712 |
| - Loan Balance | ($238,453) | ($234,363) | ($230,086) | ($225,612) | ($220,932) | ($216,038) | ($210,919) | ($201,183) | ($191,350) | ($181,418) |
| = Equity | $104,086 | $128,728 | $154,791 | $182,358 | $211,515 | $242,357 | $274,979 | $313,869 | $354,605 | $397,295 |
| 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 | $35,579 | $56,110 | $77,816 | $100,764 | $125,026 | $150,678 | $177,800 | $210,858 | $245,414 | $281,552 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $104,086 | $128,728 | $154,791 | $182,358 | $211,515 | $242,357 | $274,979 | $313,869 | $354,605 | $397,295 |
| - Closing Costs | ($23,978) | ($25,416) | ($26,941) | ($28,558) | ($30,271) | ($32,088) | ($34,013) | ($36,054) | ($38,217) | ($40,510) |
| = Proceeds After Sale | $80,109 | $103,312 | $127,850 | $153,800 | $181,244 | $210,269 | $240,967 | $277,815 | $316,388 | $356,785 |
| + Cumulative Cash Flow | $2,427 | $5,584 | $9,501 | $14,211 | $19,747 | $26,142 | $33,434 | $44,594 | $56,727 | $69,873 |
| - Approximate Cash Invested | ($86,443) | ($86,443) | ($86,443) | ($86,443) | ($86,443) | ($86,443) | ($86,443) | ($86,443) | ($86,443) | ($86,443) |
| = Net Profit | ($3,907) | $22,453 | $50,908 | $81,568 | $114,548 | $149,968 | $187,958 | $235,967 | $286,673 | $340,215 |
| Internal Rate of Return | -4.5% | 12.4% | 17.1% | 18.7% | 19.2% | 19.3% | 19.1% | 19.2% | 19.1% | 18.9% |
| Return on Investment | -4.5% | 26.0% | 58.9% | 94.4% | 132.5% | 173.5% | 217.4% | 273.0% | 331.6% | 393.6% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.