REI Lense

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$1,870 (target)

700 Edison Ave, Muscle Shoals, AL 35661

3 beds • 2 baths • 1780 sqft

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This property looks like a bad Long-Term investment with a projected -8.57% first-year return on $70,329 initial cash invested.

-8.57%

Cash On Cash

4.58%

Cap Rate

0.76

DSCR

$1,870

Rent

-$502

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,870 income − $2,372 expenses = $502 out of pocket

Income$1,870Out of Pocket$502Mortgage P&I$1,68590%Property Taxes$834%Insurance$1176%Management$18710%CapEx$945%Vacancy$1126%Maintenance$945%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,870

Total Expenses

$2,372

Mortgage P&I

90%

$1,685

Property Taxes

4%

$83

Home Insurance

6%

$117

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

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