New Construction in Birmingham Suburbs
McCalla, AL 35111
4bd • 2ba • Built: 2026
Convenient to shopping and restaurants!
| Estimated Square Feet | 1,497 | | Initial Market Value | $279,900 | | Purchase Price | $279,900 | | Downpayment | $69,975 | | Loan Origination Fees | $2,099 | | Depreciable Closing Costs | $2,799 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $74,873 | | Cost per Square Foot / per Bedroom | $187 / $69,975 | | Monthly Rent per SQFT / per Bedroom | $1.20 / $450 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $1,800 | $21,600 | | Vacancy Losses | ($144) | ($1,728) | | Operating Income | $1,656 | $19,872 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($152) | ($1,819) | | Insurance | ($93) | ($1,120) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($25) | ($300) | | Maintenance | ($36) | ($432) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($306) | ($3,671) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,350 | $16,201 | | - Mortgage Payments | ($987) | ($11,846) | | = Cash Flow | $363 | $4,355 | | + Principal Reduction | $315 | $3,778 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $525 | $6,298 | | + First-Year Appreciation | $1,400 | $16,794 | | = Gross Equity Income | $2,602 | $31,225 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $209,925 | N/A | | Monthly Payment | $987.15 | 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 2% in seller concessions on financed purchase with in-house 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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