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357 Bernard Ct E, Gulf Shores, AL 36542

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Airbnb investment with a projected -12.13% first-year return on $207k initial cash invested.

-12.13%

Cash On Cash

3.71%

Cap Rate

0.6

DSCR

$6,190

Rent

-$2,093

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$900k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$207k

Downpayment

20%

$180k

Closing costs

1%

$8,999

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,190

Total Expenses

$8,283

Mortgage P&I

75%

$4,630

Property Taxes

6%

$366

Home Insurance

5%

$315

HOA

0%

$0

Property Management

15%

$928

CapEx

4%

$248

Vacancy

0%

$0

Maintenance

4%

$248

Other

25%

$1,548

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