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$2,594 (target)

801 Puritan Ave, Muscle Shoals, AL 35661

3 beds • 2 baths • 1536 sqft

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This property might be a fair Mid-Term investment with a projected 1.6% first-year return on $78,900 initial cash invested.

1.6%

Cash On Cash

6.82%

Cap Rate

1.15

DSCR

$2,594

Rent

$105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,594 income − $2,489 expenses = $105 cash flow

Income$2,594Mortgage P&I$1,43955%Property Taxes$663%Insurance$1024%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$105

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,594

Total Expenses

$2,489

Mortgage P&I

55%

$1,439

Property Taxes

3%

$66

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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