New Construction w/ 6% Seller Concession
Calera, AL 35040
4bd • 2ba • Built: 2026
5.875% DSCR 30/10 IO thru preferred lender
| Estimated Square Feet | 1,774 | | Initial Market Value | $292,900 | | Purchase Price | $292,900 | | Downpayment | $73,225 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $5,858 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $79,083 | | Cost per Square Foot / per Bedroom | $165 / $73,225 | | Monthly Rent per SQFT / per Bedroom | $1.12 / $499 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $1,995 | $23,940 | | Vacancy Losses | ($160) | ($1,915) | | Operating Income | $1,835 | $22,025 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($171) | ($2,050) | | Insurance | ($73) | ($879) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($33) | ($400) | | Maintenance | ($40) | ($479) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($317) | ($3,808) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,518 | $18,217 | | - Mortgage Payments | ($1,075) | ($12,906) | | = Cash Flow | $443 | $5,311 | | + Principal Reduction | $0 | $0 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $549 | $6,590 | | + First-Year Appreciation | $1,465 | $17,574 | | = Gross Equity Income | $2,456 | $29,475 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $219,675 | N/A | | Monthly Payment | $1,075.49 | 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 | 1.41 | | Annual Gross Rent Multiplier | 12 | | Capitalization Rate | 6.2% | | Cash on Cash Return | 7% | | 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 |
|---|
| 8% Seller concession to be used towards rate buy down (with preferred lender to 5.875% on DSCR 30/10 IO), 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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