New Construction in Birmingham Metro Gil Cash
Alabama
5bd • 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 | $31,200 | $32,448 | $33,746 | $35,096 | $36,500 | $37,960 | $39,478 | $41,057 | $42,699 | $44,407 |
| Vacancy Losses | ($2,496) | ($2,596) | ($2,700) | ($2,808) | ($2,920) | ($3,037) | ($3,158) | ($3,285) | ($3,416) | ($3,553) |
| Operating Income | $28,704 | $29,852 | $31,046 | $32,288 | $33,580 | $34,923 | $36,320 | $37,773 | $39,283 | $40,855 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($2,723) | ($2,824) | ($2,928) | ($3,036) | ($3,149) | ($3,265) | ($3,386) | ($3,511) | ($3,641) | ($3,776) |
| Insurance | ($2,513) | ($2,606) | ($2,703) | ($2,803) | ($2,907) | ($3,014) | ($3,126) | ($3,241) | ($3,361) | ($3,486) |
| 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 | ($804) | ($834) | ($865) | ($897) | ($930) | ($964) | ($1,000) | ($1,037) | ($1,075) | ($1,115) |
| Maintenance | ($936) | ($971) | ($1,007) | ($1,044) | ($1,082) | ($1,122) | ($1,164) | ($1,207) | ($1,252) | ($1,298) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($6,976) | ($7,234) | ($7,502) | ($7,780) | ($8,067) | ($8,366) | ($8,676) | ($8,996) | ($9,329) | ($9,675) |
| 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 | $21,728 | $22,618 | $23,544 | $24,508 | $25,512 | $26,557 | $27,644 | $28,776 | $29,954 | $31,180 |
| - Mortgage Payments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Cash Flow | $21,728 | $22,618 | $23,544 | $24,508 | $25,512 | $26,557 | $27,644 | $28,776 | $29,954 | $31,180 |
| + Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| + Appreciation | $20,945 | $21,992 | $23,092 | $24,246 | $25,459 | $26,732 | $28,068 | $29,472 | $30,945 | $32,493 |
| = Gross Equity Income | $42,673 | $44,610 | $46,636 | $48,755 | $50,971 | $53,289 | $55,713 | $58,248 | $60,899 | $63,673 |
| Capitalization Rate | 4.9% | 4.9% | 4.9% | 4.8% | 4.8% | 4.7% | 4.7% | 4.6% | 4.6% | 4.6% |
| Cash on Cash Return | 5.1% | 5.3% | 5.5% | 5.8% | 6.0% | 6.2% | 6.5% | 6.8% | 7.0% | 7.3% |
| Return on Equity | 9.7% | 9.7% | 9.6% | 9.6% | 9.5% | 9.5% | 9.5% | 9.4% | 9.4% | 9.3% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $439,845 | $461,837 | $484,929 | $509,176 | $534,634 | $561,366 | $589,434 | $618,906 | $649,851 | $682,344 |
| - Loan Balance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Equity | $439,845 | $461,837 | $484,929 | $509,176 | $534,634 | $561,366 | $589,434 | $618,906 | $649,851 | $682,344 |
| Loan-to-Value Ratio | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Potential Cash-Out Refi | $351,876 | $369,470 | $387,943 | $407,340 | $427,707 | $449,093 | $471,547 | $495,125 | $519,881 | $545,875 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $439,845 | $461,837 | $484,929 | $509,176 | $534,634 | $561,366 | $589,434 | $618,906 | $649,851 | $682,344 |
| - Closing Costs | ($30,789) | ($32,329) | ($33,945) | ($35,642) | ($37,424) | ($39,296) | ($41,260) | ($43,323) | ($45,490) | ($47,764) |
| = Proceeds After Sale | $409,056 | $429,509 | $450,984 | $473,533 | $497,210 | $522,070 | $548,174 | $575,583 | $604,362 | $634,580 |
| + Cumulative Cash Flow | $21,728 | $44,346 | $67,890 | $92,398 | $117,910 | $144,467 | $172,111 | $200,887 | $230,841 | $262,022 |
| - Approximate Cash Invested | ($425,184) | ($425,184) | ($425,184) | ($425,184) | ($425,184) | ($425,184) | ($425,184) | ($425,184) | ($425,184) | ($425,184) |
| = Net Profit | $5,600 | $48,671 | $93,690 | $140,748 | $189,937 | $241,354 | $295,102 | $351,287 | $410,020 | $471,418 |
| Internal Rate of Return | 1.3% | 5.7% | 7.2% | 7.9% | 8.4% | 8.7% | 8.9% | 9.0% | 9.1% | 9.2% |
| Return on Investment | 1.3% | 11.4% | 22.0% | 33.1% | 44.7% | 56.8% | 69.4% | 82.6% | 96.4% | 110.9% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.