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6194 State Highway 59 APT A1, Gulf Shores, AL 36542
1 beds • 1 baths • 762 sqft
$194,900
View on ZillowThis property looks like a bad Long-Term investment with a projected -14.98% first-year return on $40,929 initial cash invested.
-14.98%
Cash On Cash
3.88%
Cap Rate
0.59
DSCR
$1,340
Rent
-$511
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,340 income − $1,851 expenses = $511 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,929
Downpayment
20%
$38,980
Closing costs
1%
$1,949
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,340
Total Expenses
$1,851
Mortgage P&I
80%
$1,074
Property Taxes
8%
$101
Home Insurance
5%
$68
HOA
19%
$260
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
6194 AL 59, Gulf Shores, AL 36542 | $1,200 | 1 | 1 | 762 | 0.1 mi |
6194 Highway, 59 S Unit A3, Gulf Shores, AL 36542 | $1,200 | 1 | 1 | 762 | 0.1 mi |
20050 E Oak Rd, Gulf Shores, AL 36542 | $1,342 | 1 | 1 | 657 | 0.2 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY