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$3,472 (target)

220 Riverhaven Dr, Muscle Shoals, AL 35661

3 beds • 2 baths • 2010 sqft

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This property might be a fair Mid-Term investment with a projected 6.07% first-year return on $86,145 initial cash invested.

6.07%

Cash On Cash

8.28%

Cap Rate

1.35

DSCR

$3,472

Rent

$436

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,472 income − $3,036 expenses = $436 cash flow

Income$3,472Mortgage P&I$1,66548%Property Taxes$742%Insurance$1163%Management$41712%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38211%Cash Flow$436

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,145

Downpayment

20%

$64,900

Closing costs

1%

$3,245

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,472

Total Expenses

$3,036

Mortgage P&I

48%

$1,665

Property Taxes

2%

$74

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$417

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$382

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