New Construction w/ 8% Seller Concession (must close by April 29, 2026)
Kimberly, AL 35091
4bd • 2ba • Built: 2026
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Projected Rent | $23,940 | $24,658 | $25,398 | $26,160 | $26,945 | $27,753 | $28,586 | $29,443 | $30,326 | $31,236 |
| Vacancy Losses | ($1,915) | ($1,973) | ($2,032) | ($2,093) | ($2,156) | ($2,220) | ($2,287) | ($2,355) | ($2,426) | ($2,499) |
| Operating Income | $22,025 | $22,686 | $23,366 | $24,067 | $24,789 | $25,533 | $26,299 | $27,088 | $27,900 | $28,737 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($2,064) | ($2,126) | ($2,190) | ($2,256) | ($2,323) | ($2,393) | ($2,465) | ($2,539) | ($2,615) | ($2,693) |
| Insurance | ($885) | ($911) | ($939) | ($967) | ($996) | ($1,026) | ($1,056) | ($1,088) | ($1,121) | ($1,154) |
| Management Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Association Fees | ($750) | ($773) | ($796) | ($820) | ($844) | ($869) | ($896) | ($922) | ($950) | ($979) |
| Maintenance | ($479) | ($493) | ($508) | ($523) | ($539) | ($555) | ($572) | ($589) | ($607) | ($625) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($4,178) | ($4,303) | ($4,432) | ($4,565) | ($4,702) | ($4,843) | ($4,989) | ($5,138) | ($5,292) | ($5,451) |
| Income Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Net Operating Income | $17,847 | $18,382 | $18,934 | $19,502 | $20,087 | $20,690 | $21,310 | $21,950 | $22,608 | $23,286 |
| - Mortgage Payments | ($13,547) | ($13,547) | ($13,547) | ($13,547) | ($13,547) | ($13,547) | ($13,547) | ($13,547) | ($13,547) | ($13,547) |
| = Cash Flow | $4,300 | $4,835 | $5,387 | $5,955 | $6,540 | $7,143 | $7,763 | $8,403 | $9,061 | $9,739 |
| + Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| + Appreciation | $17,694 | $18,756 | $19,881 | $21,074 | $22,338 | $23,679 | $25,099 | $26,605 | $28,202 | $29,894 |
| = Gross Equity Income | $21,994 | $23,591 | $25,268 | $27,029 | $28,878 | $30,821 | $32,863 | $35,008 | $37,263 | $39,633 |
| Capitalization Rate | 5.7% | 5.5% | 5.4% | 5.2% | 5.1% | 4.9% | 4.8% | 4.7% | 4.5% | 4.4% |
| Cash on Cash Return | 5.4% | 6.1% | 6.8% | 7.5% | 8.2% | 9.0% | 9.8% | 10.6% | 11.4% | 12.2% |
| Return on Equity | 24.1% | 21.4% | 19.4% | 17.9% | 16.6% | 15.6% | 14.8% | 14.1% | 13.4% | 12.9% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $312,594 | $331,350 | $351,231 | $372,304 | $394,643 | $418,321 | $443,421 | $470,026 | $498,227 | $528,121 |
| - Loan Balance | ($221,175) | ($221,175) | ($221,175) | ($221,175) | ($221,175) | ($221,175) | ($221,175) | ($221,175) | ($221,175) | ($221,175) |
| = Equity | $91,419 | $110,175 | $130,056 | $151,129 | $173,468 | $197,146 | $222,246 | $248,851 | $277,052 | $306,946 |
| Loan-to-Value Ratio | 70.8% | 66.7% | 63.0% | 59.4% | 56.0% | 52.9% | 49.9% | 47.1% | 44.4% | 41.9% |
| Potential Cash-Out Refi | $60,160 | $77,040 | $94,933 | $113,899 | $134,003 | $155,314 | $177,904 | $201,848 | $227,230 | $254,134 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $91,419 | $110,175 | $130,056 | $151,129 | $173,468 | $197,146 | $222,246 | $248,851 | $277,052 | $306,946 |
| - Closing Costs | ($21,882) | ($23,194) | ($24,586) | ($26,061) | ($27,625) | ($29,282) | ($31,039) | ($32,902) | ($34,876) | ($36,968) |
| = Proceeds After Sale | $69,537 | $86,980 | $105,469 | $125,068 | $145,843 | $167,864 | $191,206 | $215,949 | $242,176 | $269,978 |
| + Cumulative Cash Flow | $4,300 | $9,136 | $14,523 | $20,478 | $27,018 | $34,160 | $41,924 | $50,326 | $59,387 | $69,127 |
| - Approximate Cash Invested | ($79,623) | ($79,623) | ($79,623) | ($79,623) | ($79,623) | ($79,623) | ($79,623) | ($79,623) | ($79,623) | ($79,623) |
| = Net Profit | ($5,786) | $16,493 | $40,369 | $65,923 | $93,237 | $122,401 | $153,507 | $186,652 | $221,941 | $259,481 |
| Internal Rate of Return | -7.3% | 10.1% | 15.3% | 17.3% | 18.1% | 18.4% | 18.4% | 18.3% | 18.1% | 17.9% |
| Return on Investment | -7.3% | 20.7% | 50.7% | 82.8% | 117.1% | 153.7% | 192.8% | 234.4% | 278.7% | 325.9% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.