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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 Airbnb investment with a projected -16.7% first-year return on $46,929 initial cash invested.
-16.7%
Cash On Cash
3%
Cap Rate
0.45
DSCR
$1,638
Rent
-$653
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,638 income − $2,291 expenses = $653 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,929
Downpayment
20%
$38,980
Closing costs
1%
$1,949
Rehab
0%
$0
Furnishing
3%
$6,000
Cashflow
Total Income
$1,638
Total Expenses
$2,291
Mortgage P&I
66%
$1,074
Property Taxes
6%
$101
Home Insurance
4%
$68
HOA
16%
$260
Property Management
15%
$246
CapEx
4%
$66
Vacancy
0%
$0
Maintenance
4%
$66
Other
25%
$410
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Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
Colony Club G5 | $2,693 | $227 | 1 | 1 | 0 mi |
Cozy & Peaceful. 5 mi to Beach. Centrally located | $1,744 | $147 | 1 | 1 | 0.05 mi |
Coastal Condo | Prime Location | Pool | GulfShores | $2,195 | $185 | 1 | 1 | 0.05 mi |
104 W Rancho Del Cerro | $2,500 | $250 | 4 | 2 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
Projection Charts
Investment Value YoY