REI Lense

REI Lense

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$1,492 (target)

805 Edison Ave, Muscle Shoals, AL 35661

3 beds • 2 baths • 1176 sqft

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This property might be a fair Long-Term investment with a projected 2.87% first-year return on $34,692 initial cash invested.

2.87%

Cash On Cash

7.75%

Cap Rate

1.17

DSCR

$1,492

Rent

$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,492 income − $1,409 expenses = $83 cash flow

Income$1,492Mortgage P&I$90961%Property Taxes$503%Insurance$614%Management$14910%CapEx$755%Vacancy$906%Maintenance$755%Cash Flow$83

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,692

Downpayment

20%

$33,040

Closing costs

1%

$1,652

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,492

Total Expenses

$1,409

Mortgage P&I

61%

$909

Property Taxes

3%

$50

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$149

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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