REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,926 (target)

502 Washington Dr, Muscle Shoals, AL 35661

3 beds • 3 baths • 2871 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.47% first-year return on $109k initial cash invested.

-7.47%

Cash On Cash

4.81%

Cap Rate

0.76

DSCR

$2,926

Rent

-$681

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,926 income − $3,607 expenses = $681 out of pocket

Income$2,926Out of Pocket$681Mortgage P&I$2,30979%Property Taxes$1425%Insurance$1616%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%

Investment Breakdown

|

Purchase Price

$436k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,100

Closing costs

1%

$4,355

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,926

Total Expenses

$3,607

Mortgage P&I

79%

$2,309

Property Taxes

5%

$142

Home Insurance

6%

$161

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis