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310 Megan Ave, Muscle Shoals, AL 35661

3 beds • 2 baths • 2096 sqft

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This property looks like a bad Long-Term investment with a projected -13.6% first-year return on $76,566 initial cash invested.

-13.6%

Cash On Cash

3.45%

Cap Rate

0.57

DSCR

$1,640

Rent

-$868

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,566

Downpayment

20%

$72,920

Closing costs

1%

$3,646

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,640

Total Expenses

$2,508

Mortgage P&I

112%

$1,834

Property Taxes

7%

$115

Home Insurance

8%

$133

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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1.3 mi

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2

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4

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2

1

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0.9 mi

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4

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0.6 mi

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$1,100

2

1

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$2,850

5

4

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