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128 W 6th Ave, Gulf Shores, AL 36542

3 beds • 3 baths • 1634 sqft

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This property looks like a bad Airbnb investment with a projected -5.01% first-year return on $135k initial cash invested.

-5.01%

Cash On Cash

5.39%

Cap Rate

0.87

DSCR

$5,022

Rent

-$565

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$559k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$112k

Closing costs

1%

$5,590

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,022

Total Expenses

$5,587

Mortgage P&I

57%

$2,876

Property Taxes

2%

$104

Home Insurance

4%

$196

HOA

0%

$0

Property Management

15%

$753

CapEx

4%

$201

Vacancy

0%

$0

Maintenance

4%

$201

Other

25%

$1,256

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Home in Gulf Shores "B"

$5,300

$396

3

3

0.24 mi

Home in Gulf Shores "A"

$5,768

$431

3

3

0.25 mi

BayouBella: 3B/3B Luxury Near Beach/Golf/Waterpark

$5,634

$421

3

3

0.32 mi

John 3:16 by Liquid Life

$4,550

$340

3

3

0.32 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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