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$1,660 (target)

317 State St, Muscle Shoals, AL 35661

3 beds • 2 baths • 1256 sqft

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This property might be a fair Mid-Term investment with a projected 0.63% first-year return on $53,049 initial cash invested.

0.63%

Cash On Cash

7.06%

Cap Rate

1.11

DSCR

$1,660

Rent

$28

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,660 income − $1,632 expenses = $28 cash flow

Income$1,660Mortgage P&I$88853%Property Taxes$1107%Insurance$704%Management$19912%CapEx$664%Vacancy$503%Maintenance$664%Other$18311%Cash Flow$28

Investment Breakdown

|

Purchase Price

$167k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,049

Downpayment

20%

$33,380

Closing costs

1%

$1,669

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,660

Total Expenses

$1,632

Mortgage P&I

53%

$888

Property Taxes

7%

$110

Home Insurance

4%

$70

HOA

0%

$0

Property Management

12%

$199

CapEx

4%

$66

Vacancy

3%

$50

Maintenance

4%

$66

Other

11%

$183

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