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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 Long-Term investment with a projected -19.89% first-year return on $189k initial cash invested.

-19.89%

Cash On Cash

2.1%

Cap Rate

0.35

DSCR

$2,860

Rent

-$3,133

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$900k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$180k

Closing costs

1%

$8,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,860

Total Expenses

$5,993

Mortgage P&I

160%

$4,568

Property Taxes

13%

$366

Home Insurance

11%

$315

HOA

0%

$0

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

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