New Construction in Birmingham Metro
Alabaster, AL 35007
4bd • 2ba • Built: 2026
Zoned Alabaster Schools!
| Estimated Square Feet | 2,025 | | Initial Market Value | $381,150 | | Purchase Price | $381,150 | | Downpayment | $95,288 | | Loan Origination Fees | $2,859 | | Depreciable Closing Costs | $3,812 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $101,958 | | Cost per Square Foot / per Bedroom | $188 / $95,288 | | Monthly Rent per SQFT / per Bedroom | $1.04 / $525 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,100 | $25,200 | | Vacancy Losses | ($168) | ($2,016) | | Operating Income | $1,932 | $23,184 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($206) | ($2,477) | | Insurance | ($127) | ($1,525) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($40) | ($480) | | Maintenance | ($42) | ($504) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($416) | ($4,986) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,516 | $18,198 | | - Mortgage Payments | ($1,344) | ($16,131) | | = Cash Flow | $172 | $2,067 | | + Principal Reduction | $429 | $5,144 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $715 | $8,576 | | + First-Year Appreciation | $1,906 | $22,869 | | = Gross Equity Income | $3,221 | $38,656 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $285,863 | N/A | | Monthly Payment | $1,344.23 | 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 | 1.13 | | Annual Gross Rent Multiplier | 15 | | Capitalization Rate | 4.8% | | Cash on Cash Return | 2% | | Return on Investment | 30% | | Return on Investment with IIDD | 38% | | + 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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