REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

307 E Roosevelt Ave, Muscle Shoals, AL 35661

3 beds • 2 baths • 1696 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.72% first-year return on $50,757 initial cash invested.

-5.72%

Cash On Cash

5.27%

Cap Rate

0.87

DSCR

$1,540

Rent

-$242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$242k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,757

Downpayment

20%

$48,340

Closing costs

1%

$2,417

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,540

Total Expenses

$1,782

Mortgage P&I

80%

$1,227

Property Taxes

4%

$67

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

94 Cottonwood Dr, Muscle Shoals, AL 35661

$1,945

3

2

1750

0.8 mi

1607 Harding Ave, Muscle Shoals, AL 35661

$1,500

3

2

1700

1.4 mi

107 Kamarie Ln, Muscle Shoals, AL 35661

$1,950

3

2

1804

0.5 mi

2397 Cypress Way, Muscle Shoals, AL 35661

$1,950

3

2

1750

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

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis