REI Lense

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$2,805 (target)

700 Edison Ave, Muscle Shoals, AL 35661

3 beds • 2 baths • 1780 sqft

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This property looks like a bad Mid-Term investment with a projected -0.46% first-year return on $88,329 initial cash invested.

-0.46%

Cash On Cash

6.32%

Cap Rate

1.05

DSCR

$2,805

Rent

-$34

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,805 income − $2,839 expenses = $34 out of pocket

Income$2,805Out of Pocket$34Mortgage P&I$1,68560%Property Taxes$833%Insurance$1174%Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,805

Total Expenses

$2,839

Mortgage P&I

60%

$1,685

Property Taxes

3%

$83

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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