New Construction w/ 8% Seller Concession (must close by April 29, 2026)
Kimberly, AL 35091
4bd • 2ba • Built: 2026
Must close by April 29 for 8% Seller Concession
| Estimated Square Feet | 1,774 | | Initial Market Value | $294,900 | | Purchase Price | $294,900 | | Downpayment | $73,725 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $5,898 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $79,623 | | Cost per Square Foot / per Bedroom | $166 / $73,725 | | 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 | ($172) | ($2,064) | | Insurance | ($74) | ($885) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($63) | ($750) | | Maintenance | ($40) | ($479) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($348) | ($4,178) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,487 | $17,847 | | - Mortgage Payments | ($1,129) | ($13,547) | | = Cash Flow | $358 | $4,300 | | + Principal Reduction | $0 | $0 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $553 | $6,635 | | + First-Year Appreciation | $1,475 | $17,694 | | = Gross Equity Income | $2,386 | $28,629 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $221,175 | N/A | | Monthly Payment | $1,128.91 | N/A | | Loan Type | Interest Only Fixed | N/A | | Term | 10 Years | N/A | | Nominal / Real Interest Rate | 6.125% / 3.125% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.7% | | Debt Coverage Ratio | 1.32 | | Annual Gross Rent Multiplier | 12 | | Capitalization Rate | 6.1% | | Cash on Cash Return | 5% | | Return on Investment | 28% | | Return on Investment with IIDD | 36% | | + 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 6.125% 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.
|