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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 Long-Term investment with a projected -21.21% first-year return on $115k initial cash invested.

-21.21%

Cash On Cash

1.73%

Cap Rate

0.29

DSCR

$1,370

Rent

-$2,038

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

$115k

Downpayment

20%

$110k

Closing costs

1%

$5,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,370

Total Expenses

$3,408

Mortgage P&I

202%

$2,761

Property Taxes

7%

$100

Home Insurance

14%

$192

HOA

0%

$0

Property Management

10%

$137

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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