New Construction in Huntsville Metro
New Market, AL 35761
3bd • 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 | $19,800 | $20,592 | $21,416 | $22,272 | $23,163 | $24,090 | $25,053 | $26,055 | $27,098 | $28,182 |
| Vacancy Losses | ($1,584) | ($1,647) | ($1,713) | ($1,782) | ($1,853) | ($1,927) | ($2,004) | ($2,084) | ($2,168) | ($2,255) |
| Operating Income | $18,216 | $18,945 | $19,702 | $20,491 | $21,310 | $22,163 | $23,049 | $23,971 | $24,930 | $25,927 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($1,616) | ($1,665) | ($1,715) | ($1,766) | ($1,819) | ($1,874) | ($1,930) | ($1,988) | ($2,047) | ($2,109) |
| Insurance | ($995) | ($1,024) | ($1,055) | ($1,087) | ($1,119) | ($1,153) | ($1,188) | ($1,223) | ($1,260) | ($1,298) |
| 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 | ($408) | ($420) | ($433) | ($446) | ($459) | ($473) | ($487) | ($502) | ($517) | ($532) |
| Maintenance | ($396) | ($408) | ($420) | ($433) | ($446) | ($459) | ($473) | ($487) | ($502) | ($517) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($3,415) | ($3,517) | ($3,623) | ($3,731) | ($3,843) | ($3,959) | ($4,077) | ($4,200) | ($4,326) | ($4,456) |
| 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 | $14,801 | $15,427 | $16,080 | $16,759 | $17,467 | $18,204 | $18,972 | $19,771 | $20,604 | $21,471 |
| - Mortgage Payments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Cash Flow | $14,801 | $15,427 | $16,080 | $16,759 | $17,467 | $18,204 | $18,972 | $19,771 | $20,604 | $21,471 |
| + Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| + Appreciation | $14,919 | $15,814 | $16,763 | $17,769 | $18,835 | $19,965 | $21,163 | $22,433 | $23,779 | $25,205 |
| = Gross Equity Income | $29,720 | $31,242 | $32,843 | $34,528 | $36,302 | $38,169 | $40,134 | $42,204 | $44,383 | $46,677 |
| Capitalization Rate | 5.6% | 5.5% | 5.4% | 5.3% | 5.2% | 5.2% | 5.1% | 5.0% | 4.9% | 4.8% |
| Cash on Cash Return | 5.9% | 6.1% | 6.4% | 6.7% | 7.0% | 7.2% | 7.6% | 7.9% | 8.2% | 8.5% |
| Return on Equity | 11.3% | 11.2% | 11.1% | 11.0% | 10.9% | 10.8% | 10.7% | 10.6% | 10.6% | 10.5% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $263,569 | $279,383 | $296,146 | $313,915 | $332,750 | $352,715 | $373,878 | $396,310 | $420,089 | $445,294 |
| - Loan Balance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Equity | $263,569 | $279,383 | $296,146 | $313,915 | $332,750 | $352,715 | $373,878 | $396,310 | $420,089 | $445,294 |
| Loan-to-Value Ratio | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Potential Cash-Out Refi | $210,855 | $223,507 | $236,917 | $251,132 | $266,200 | $282,172 | $299,102 | $317,048 | $336,071 | $356,235 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $263,569 | $279,383 | $296,146 | $313,915 | $332,750 | $352,715 | $373,878 | $396,310 | $420,089 | $445,294 |
| - Closing Costs | ($18,450) | ($19,557) | ($20,730) | ($21,974) | ($23,292) | ($24,690) | ($26,171) | ($27,742) | ($29,406) | ($31,171) |
| = Proceeds After Sale | $245,119 | $259,826 | $275,416 | $291,941 | $309,457 | $328,025 | $347,706 | $368,569 | $390,683 | $414,124 |
| + Cumulative Cash Flow | $14,801 | $30,229 | $46,308 | $63,067 | $80,534 | $98,738 | $117,709 | $137,481 | $158,085 | $179,556 |
| - Approximate Cash Invested | ($251,137) | ($251,137) | ($251,137) | ($251,137) | ($251,137) | ($251,137) | ($251,137) | ($251,137) | ($251,137) | ($251,137) |
| = Net Profit | $8,784 | $38,918 | $70,588 | $103,872 | $138,855 | $175,626 | $214,279 | $254,913 | $297,631 | $342,543 |
| Internal Rate of Return | 3.5% | 7.7% | 9.1% | 9.8% | 10.2% | 10.4% | 10.6% | 10.7% | 10.8% | 10.8% |
| Return on Investment | 3.5% | 15.5% | 28.1% | 41.4% | 55.3% | 69.9% | 85.3% | 101.5% | 118.5% | 136.4% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.