New Construction in Huntsville Metro
Owens Crossroads, AL 35763
4bd • 3ba • 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 | $25,200 | $26,208 | $27,256 | $28,347 | $29,480 | $30,660 | $31,886 | $33,161 | $34,488 | $35,867 |
| Vacancy Losses | ($2,016) | ($2,097) | ($2,181) | ($2,268) | ($2,358) | ($2,453) | ($2,551) | ($2,653) | ($2,759) | ($2,869) |
| Operating Income | $23,184 | $24,111 | $25,076 | $26,079 | $27,122 | $28,207 | $29,335 | $30,509 | $31,729 | $32,998 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($2,264) | ($2,332) | ($2,401) | ($2,474) | ($2,548) | ($2,624) | ($2,703) | ($2,784) | ($2,867) | ($2,954) |
| Insurance | ($1,393) | ($1,435) | ($1,478) | ($1,522) | ($1,568) | ($1,615) | ($1,663) | ($1,713) | ($1,765) | ($1,818) |
| 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 | ($648) | ($667) | ($687) | ($708) | ($729) | ($751) | ($774) | ($797) | ($821) | ($845) |
| Maintenance | ($504) | ($519) | ($535) | ($551) | ($567) | ($584) | ($602) | ($620) | ($638) | ($658) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($4,809) | ($4,953) | ($5,101) | ($5,255) | ($5,412) | ($5,575) | ($5,742) | ($5,914) | ($6,091) | ($6,274) |
| 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 | $18,375 | $19,158 | $19,974 | $20,824 | $21,710 | $22,632 | $23,593 | $24,595 | $25,637 | $26,724 |
| - Mortgage Payments | ($15,881) | ($15,881) | ($15,881) | ($15,881) | ($15,881) | ($15,881) | ($15,881) | ($12,717) | ($12,717) | ($12,717) |
| = Cash Flow | $2,495 | $3,278 | $4,094 | $4,944 | $5,829 | $6,752 | $7,713 | $11,878 | $12,921 | $14,007 |
| + Principal Reduction | $4,214 | $4,407 | $4,610 | $4,821 | $5,043 | $5,275 | $5,517 | $10,492 | $10,597 | $10,703 |
| + Appreciation | $20,895 | $22,149 | $23,478 | $24,886 | $26,379 | $27,962 | $29,640 | $31,418 | $33,303 | $35,302 |
| = Gross Equity Income | $27,603 | $29,834 | $32,181 | $34,651 | $37,251 | $39,988 | $42,869 | $53,788 | $56,821 | $60,012 |
| Capitalization Rate | 5.0% | 4.9% | 4.8% | 4.7% | 4.7% | 4.6% | 4.5% | 4.4% | 4.4% | 4.3% |
| Cash on Cash Return | 2.7% | 3.5% | 4.4% | 5.3% | 6.3% | 7.2% | 8.3% | 12.8% | 13.9% | 15.0% |
| Return on Equity | 24.6% | 21.5% | 19.3% | 17.6% | 16.3% | 15.3% | 14.5% | 15.9% | 14.9% | 14.0% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $369,145 | $391,294 | $414,771 | $439,658 | $466,037 | $493,999 | $523,639 | $555,058 | $588,361 | $623,663 |
| - Loan Balance | ($256,974) | ($252,567) | ($247,957) | ($243,136) | ($238,093) | ($232,819) | ($227,302) | ($216,810) | ($206,213) | ($195,510) |
| = Equity | $112,171 | $138,727 | $166,814 | $196,522 | $227,944 | $261,181 | $296,338 | $338,248 | $382,148 | $428,153 |
| Loan-to-Value Ratio | 69.6% | 64.5% | 59.8% | 55.3% | 51.1% | 47.1% | 43.4% | 39.1% | 35.0% | 31.3% |
| Potential Cash-Out Refi | $38,342 | $60,468 | $83,860 | $108,590 | $134,737 | $162,381 | $191,610 | $227,236 | $264,476 | $303,421 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $112,171 | $138,727 | $166,814 | $196,522 | $227,944 | $261,181 | $296,338 | $338,248 | $382,148 | $428,153 |
| - Closing Costs | ($25,840) | ($27,391) | ($29,034) | ($30,776) | ($32,623) | ($34,580) | ($36,655) | ($38,854) | ($41,185) | ($43,656) |
| = Proceeds After Sale | $86,331 | $111,336 | $137,780 | $165,746 | $195,321 | $226,601 | $259,683 | $299,394 | $340,963 | $384,497 |
| + Cumulative Cash Flow | $2,495 | $5,772 | $9,866 | $14,809 | $20,638 | $27,390 | $35,103 | $46,980 | $59,901 | $73,909 |
| - Approximate Cash Invested | ($93,157) | ($93,157) | ($93,157) | ($93,157) | ($93,157) | ($93,157) | ($93,157) | ($93,157) | ($93,157) | ($93,157) |
| = Net Profit | ($4,331) | $23,952 | $54,489 | $87,398 | $122,803 | $160,834 | $201,629 | $253,217 | $307,707 | $365,248 |
| Internal Rate of Return | -4.6% | 12.3% | 17.0% | 18.6% | 19.1% | 19.2% | 19.0% | 19.1% | 19.0% | 18.8% |
| Return on Investment | -4.6% | 25.7% | 58.5% | 93.8% | 131.8% | 172.6% | 216.4% | 271.8% | 330.3% | 392.1% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.