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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 Long-Term investment with a projected -15.22% first-year return on $117k initial cash invested.

-15.22%

Cash On Cash

3.14%

Cap Rate

0.51

DSCR

$2,230

Rent

-$1,489

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

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$112k

Closing costs

1%

$5,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,230

Total Expenses

$3,719

Mortgage P&I

127%

$2,838

Property Taxes

5%

$104

Home Insurance

9%

$196

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

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1.8 mi

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2

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0.9 mi

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2

1

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0.9 mi

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5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

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