REI Lense

REI Lense

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$1,715 (target)

717 Beverly Dr, Muscle Shoals, AL 35661

3 beds • 3 baths • 2335 sqft

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This property looks like a bad Long-Term investment with a projected -14.18% first-year return on $77,280 initial cash invested.

-14.18%

Cash On Cash

3.62%

Cap Rate

0.57

DSCR

$1,715

Rent

-$913

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,715 income − $2,628 expenses = $913 out of pocket

Income$1,715Out of Pocket$913Mortgage P&I$1,938113%Property Taxes$1147%Insurance$1298%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

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Purchase Price

$368k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,280

Downpayment

20%

$73,600

Closing costs

1%

$3,680

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,715

Total Expenses

$2,628

Mortgage P&I

113%

$1,938

Property Taxes

7%

$114

Home Insurance

8%

$129

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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