REI Lense

REI Lense

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$2,315 (target)

220 Riverhaven Dr, Muscle Shoals, AL 35661

3 beds • 2 baths • 2010 sqft

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This property looks like a bad Long-Term investment with a projected -2.52% first-year return on $68,145 initial cash invested.

-2.52%

Cash On Cash

6.06%

Cap Rate

0.98

DSCR

$2,315

Rent

-$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,315 income − $2,458 expenses = $143 out of pocket

Income$2,315Out of Pocket$143Mortgage P&I$1,66572%Property Taxes$743%Insurance$1165%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,145

Downpayment

20%

$64,900

Closing costs

1%

$3,245

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,315

Total Expenses

$2,458

Mortgage P&I

72%

$1,665

Property Taxes

3%

$74

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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