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394 Apollo Ave, Gulf Shores, AL 36542

4 beds • 4 baths • 2795 sqft

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This property looks like a bad Airbnb investment with a projected -10.05% first-year return on $148k initial cash invested.

-10.05%

Cash On Cash

3.57%

Cap Rate

0.62

DSCR

$3,887

Rent

-$1,237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$589k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$118k

Closing costs

1%

$5,890

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,887

Total Expenses

$5,124

Mortgage P&I

73%

$2,836

Property Taxes

3%

$134

Home Insurance

5%

$206

HOA

2%

$83

Property Management

15%

$583

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$972

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