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$1,946 (target)

708 Elmhurst Ave, Muscle Shoals, AL 35661

3 beds • 2 baths • 1368 sqft

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This property might be a fair Mid-Term investment with a projected 0.23% first-year return on $63,192 initial cash invested.

0.23%

Cash On Cash

6.94%

Cap Rate

1.08

DSCR

$1,946

Rent

$12

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,946 income − $1,934 expenses = $12 cash flow

Income$1,946Mortgage P&I$1,15559%Property Taxes$332%Insurance$844%Management$23412%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$12

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,192

Downpayment

20%

$43,040

Closing costs

1%

$2,152

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,946

Total Expenses

$1,934

Mortgage P&I

59%

$1,155

Property Taxes

2%

$33

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$234

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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