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$3,316 (target)

3634 Walther Dr, Gulf Shores, AL 36542

3 beds • 2 baths • 1778 sqft

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This property might be a fair Mid-Term investment with a projected 1.04% first-year return on $93,579 initial cash invested.

1.04%

Cash On Cash

6.73%

Cap Rate

1.12

DSCR

$3,316

Rent

$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,316 income − $3,235 expenses = $81 cash flow

Income$3,316Mortgage P&I$1,80354%Property Taxes$1575%Insurance$1264%HOA$211%Management$39812%CapEx$1334%Vacancy$993%Maintenance$1334%Other$36511%Cash Flow$81

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,579

Downpayment

20%

$71,980

Closing costs

1%

$3,599

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,316

Total Expenses

$3,235

Mortgage P&I

54%

$1,803

Property Taxes

5%

$157

Home Insurance

4%

$126

HOA

1%

$21

Property Management

12%

$398

CapEx

4%

$133

Vacancy

3%

$99

Maintenance

4%

$133

Other

11%

$365

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