New Construction w/ 6% Seller Concession
Tuscaloosa, AL 35405
4bd • 2ba • Built: 2026
5.875% DSCR 30/10 IO thru preferred lender
| Estimated Square Feet | 1,504 | | Initial Market Value | $249,900 | | Purchase Price | $249,900 | | Downpayment | $62,475 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $4,998 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $67,473 | | Cost per Square Foot / per Bedroom | $166 / $62,475 | | Monthly Rent per SQFT / per Bedroom | $1.13 / $424 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $1,695 | $20,340 | | Vacancy Losses | ($136) | ($1,627) | | Operating Income | $1,559 | $18,713 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($146) | ($1,749) | | Insurance | ($62) | ($750) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($42) | ($500) | | Maintenance | ($34) | ($407) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($284) | ($3,406) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,276 | $15,307 | | - Mortgage Payments | ($918) | ($11,011) | | = Cash Flow | $358 | $4,296 | | + Principal Reduction | $0 | $0 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $469 | $5,623 | | + First-Year Appreciation | $1,250 | $14,994 | | = Gross Equity Income | $2,076 | $24,913 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $187,425 | N/A | | Monthly Payment | $917.60 | N/A | | Loan Type | Interest Only Fixed | N/A | | Term | 10 Years | N/A | | Nominal / Real Interest Rate | 5.875% / 2.875% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.7% | | Debt Coverage Ratio | 1.39 | | Annual Gross Rent Multiplier | 12 | | Capitalization Rate | 6.1% | | Cash on Cash Return | 6% | | Return on Investment | 29% | | Return on Investment with IIDD | 37% | | + 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 |
|---|
| 6% Seller concession to be used towards rate buy down (with preferred lender to 5.875% on DSCR loan), closing costs and property management. |
*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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