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Ten Year Performance Projection

New Construction in Huntsville Metro
Alabama
4bd • 3ba • Built: 2026

Projected IncomeYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Projected Rent $26,400$27,456$28,554$29,696$30,884$32,120$33,404$34,741$36,130$37,575
Vacancy Losses ($2,112)($2,196)($2,284)($2,376)($2,471)($2,570)($2,672)($2,779)($2,890)($3,006)
Operating Income $24,288$25,260$26,270$27,321$28,414$29,550$30,732$31,961$33,240$34,569
Estimated ExpensesYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Property Taxes($2,368)($2,455)($2,546)($2,640)($2,738)($2,839)($2,944)($3,053)($3,166)($3,283)
Insurance($2,186)($2,266)($2,350)($2,437)($2,527)($2,621)($2,718)($2,818)($2,923)($3,031)
Management Fees($2,429)($2,526)($2,627)($2,732)($2,841)($2,955)($3,073)($3,196)($3,324)($3,457)
Leasing/Advertising Fees$0$0$0$0$0$0$0$0$0$0
Association Fees($660)($684)($710)($736)($763)($791)($821)($851)($883)($915)
Maintenance($792)($821)($852)($883)($916)($950)($985)($1,021)($1,059)($1,098)
Other$0$0$0$0$0$0$0$0$0$0
Operating Expenses ($8,434)($8,753)($9,085)($9,429)($9,786)($10,156)($10,541)($10,940)($11,355)($11,785)
Income AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Net Operating Income $15,854$16,506$17,185$17,892$18,628$19,394$20,191$21,021$21,885$22,785
- Mortgage Payments($14,029)($14,029)($14,029)($14,029)($14,029)($14,029)($14,029)($14,029)($14,029)($14,029)
= Cash Flow $1,825$2,477$3,156$3,863$4,598$5,364$6,162$6,992$7,856$8,755
+ Principal Reduction $2,577$2,729$2,891$3,061$3,242$3,433$3,636$3,851$4,078$4,319
+ Appreciation $18,213$19,123$20,079$21,083$22,137$23,244$24,406$25,627$26,908$28,254
= Gross Equity Income $22,614$24,329$26,126$28,007$29,978$32,042$34,204$36,469$38,842$41,328
Capitalization Rate 4.1%4.1%4.1%4.0%4.0%4.0%3.9%3.9%3.9%3.8%
Cash on Cash Return 1.1%1.4%1.8%2.2%2.7%3.1%3.6%4.1%4.6%5.1%
Return on Equity 12.2%11.8%11.4%11.0%10.7%10.5%10.2%10.0%9.9%9.7%
Loan AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Market Value $382,463$401,586$421,665$442,748$464,886$488,130$512,536$538,163$565,071$593,325
- Loan Balance ($197,760)($195,031)($192,140)($189,079)($185,837)($182,404)($178,768)($174,917)($170,839)($166,520)
= Equity $184,702$206,555$229,525$253,669$279,048$305,726$333,769$363,246$394,232$426,805
Loan-to-Value Ratio 51.7%48.6%45.6%42.7%40.0%37.4%34.9%32.5%30.2%28.1%
Potential Cash-Out Refi $108,210$126,238$145,192$165,119$186,071$208,100$231,261$255,614$281,218$308,140
Sale AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Equity $184,702$206,555$229,525$253,669$279,048$305,726$333,769$363,246$394,232$426,805
- Closing Costs ($26,772)($28,111)($29,517)($30,992)($32,542)($34,169)($35,878)($37,671)($39,555)($41,533)
= Proceeds After Sale $157,930$178,444$200,008$222,677$246,506$271,557$297,891$325,575$354,677$385,272
+ Cumulative Cash Flow $1,825$4,301$7,457$11,320$15,918$21,282$27,444$34,435$42,291$51,046
- Approximate Cash Invested($172,381)($172,381)($172,381)($172,381)($172,381)($172,381)($172,381)($172,381)($172,381)($172,381)
= Net Profit ($12,627)$10,364$35,084$61,615$90,043$120,458$152,954$187,629$224,587$263,937
Internal Rate of Return -7.3%3.0%6.4%8.1%9.0%9.5%9.8%10.0%10.2%10.3%
Return on Investment -7.3%6.0%20.4%35.7%52.2%69.9%88.7%108.8%130.3%153.1%
*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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