New Construction in Tuscaloosa
Vance, AL 35490
4bd • 2ba • Built: 2026
Convenient to shopping and restaurants!
| Estimated Square Feet | 1,497 | | Initial Market Value | $267,400 | | Purchase Price | $267,400 | | Downpayment | $66,850 | | Loan Origination Fees | $2,006 | | Depreciable Closing Costs | $2,674 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $71,530 | | Cost per Square Foot / per Bedroom | $179 / $66,850 | | Monthly Rent per SQFT / per Bedroom | $1.15 / $431 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $1,725 | $20,700 | | Vacancy Losses | ($138) | ($1,656) | | Operating Income | $1,587 | $19,044 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($145) | ($1,738) | | Insurance | ($89) | ($1,070) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($25) | ($300) | | Maintenance | ($35) | ($414) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($293) | ($3,522) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,294 | $15,522 | | - Mortgage Payments | ($943) | ($11,317) | | = Cash Flow | $350 | $4,206 | | + Principal Reduction | $301 | $3,609 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $501 | $6,017 | | + First-Year Appreciation | $1,337 | $16,044 | | = Gross Equity Income | $2,490 | $29,875 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $200,550 | N/A | | Monthly Payment | $943.06 | N/A | | Loan Type | Amortizing ARM | N/A | | Term | 7 Years | N/A | | Nominal / Real Interest Rate | 3.875% / 0.875% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.6% | | Debt Coverage Ratio | 1.37 | | Annual Gross Rent Multiplier | 13 | | Capitalization Rate | 5.8% | | Cash on Cash Return | 6% | | Return on Investment | 33% | | Return on Investment with IIDD | 42% | | + 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 |
|---|
| New construction. Cash purchase incentives available. Up to 6% in seller concessions on financed purchase with preferred lender. |
*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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