New Construction w/ 8% Seller Concession (must close by April 29, 2026)
Odenville, AL 35120
4bd • 2ba • Built: 2026
Must close by April 29 for 8% Seller Concession
| Estimated Square Feet | 1,497 | | Initial Market Value | $265,900 | | Purchase Price | $265,900 | | Downpayment | $66,475 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $5,318 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $71,793 | | Cost per Square Foot / per Bedroom | $178 / $66,475 | | Monthly Rent per SQFT / per Bedroom | $1.20 / $449 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $1,795 | $21,540 | | Vacancy Losses | ($144) | ($1,723) | | Operating Income | $1,651 | $19,817 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($155) | ($1,861) | | Insurance | ($66) | ($798) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($46) | ($550) | | Maintenance | ($36) | ($431) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($303) | ($3,640) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,348 | $16,177 | | - Mortgage Payments | ($1,018) | ($12,215) | | = Cash Flow | $330 | $3,962 | | + Principal Reduction | $0 | $0 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $499 | $5,983 | | + First-Year Appreciation | $1,330 | $15,954 | | = Gross Equity Income | $2,158 | $25,899 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $199,425 | N/A | | Monthly Payment | $1,017.90 | 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 | 6% | | 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.
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