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1504 Fords Way, Muscle Shoals, AL 35661

3 beds • 2 baths • 1405 sqft

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This property looks like a bad Long-Term investment with a projected -2.71% first-year return on $45,549 initial cash invested.

-2.71%

Cash On Cash

5.94%

Cap Rate

0.98

DSCR

$1,520

Rent

-$103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,549

Downpayment

20%

$43,380

Closing costs

1%

$2,169

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,520

Total Expenses

$1,623

Mortgage P&I

72%

$1,101

Property Taxes

3%

$51

Home Insurance

5%

$76

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

207 N Central Ave, Muscle Shoals, AL 35661

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3

2

1400

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1006 Waverly Ave, Muscle Shoals, AL 35661

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1.5

1404

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$2,400

3

2

1507

1.3 mi

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$1,740

3

2

1275

1.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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