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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 Airbnb investment with a projected -8.81% first-year return on $94,566 initial cash invested.

-8.81%

Cash On Cash

4.1%

Cap Rate

0.68

DSCR

$2,669

Rent

-$694

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,566

Downpayment

20%

$72,920

Closing costs

1%

$3,646

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,669

Total Expenses

$3,363

Mortgage P&I

69%

$1,834

Property Taxes

4%

$115

Home Insurance

5%

$133

HOA

0%

$0

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$667

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