New Construction in Birmingham Metro
Alabama
bed4 Bedsbathtub2.5 Bathscalendar_todayBuilt 2026 | Estimated Square Feet | 2,256 | | Initial Market Value | $389,900 | | Price | $389,900 | | Downpayment | $97,475 | | Loan Origination Fees | $2,924 | | Depreciable Closing Costs | $3,899 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $104,298 | | Minimum Recommended Cash Reserves | $15,596 | | Cost per Square Foot / per Bedroom | $173 / $97,475 | | Monthly Rent per SQFT / per Bedroom | $1.04 / $588 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,350 | $28,200 | | Vacancy Losses | ($188) | ($2,256) | | Operating Income | $2,162 | $25,944 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($211) | ($2,534) | | Insurance | ($146) | ($1,755) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($40) | ($480) | | Maintenance | ($71) | ($846) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($468) | ($5,615) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,694 | $20,329 | | - Mortgage Payments | ($1,375) | ($16,501) | | = Cash Flow | $319 | $3,828 | | + Principal Reduction | $439 | $5,262 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $853 | $10,235 | | + One Year Appreciation | $1,950 | $23,394 | | = Gross Equity Income | $3,560 | $42,719 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $292,425 | N/A | | Monthly Payment | $1,375.09 | N/A | | Loan Type | Amortizing ARM | N/A | | Term | 7 Years | N/A | | Nominal / Real Interest Rate | 3.875% / 0.375% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.60% | | Debt Coverage Ratio | 1.23 | | Annual Gross Rent Multiplier | 14 | | Capitalization Rate | 5.2% | | Cash on Cash Return | 4% | | Return on Investment (ROI) | 31% | | Return on Investment with IIDD | 41% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 6.0% | | Gov CPI Inflation June '26 | 3.5% | | Vacancy Rate | 8% | | Management Fee | 0% | | Maintenance Percentage | 3% |
| 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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