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620 Point Rd, Muscle Shoals, AL 35661

3 beds • 2 baths • 2716 sqft

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This property looks like a bad Mid-Term investment with a projected -13% first-year return on $133k initial cash invested.

-13%

Cash On Cash

3.09%

Cap Rate

0.51

DSCR

$2,436

Rent

-$1,444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$549k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,490

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,436

Total Expenses

$3,880

Mortgage P&I

113%

$2,761

Property Taxes

4%

$100

Home Insurance

8%

$192

HOA

0%

$0

Property Management

12%

$292

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$268

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