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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 Mid-Term investment with a projected -5.5% first-year return on $46,929 initial cash invested.
-5.5%
Cash On Cash
5.77%
Cap Rate
0.87
DSCR
$1,950
Rent
-$215
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,950 income − $2,165 expenses = $215 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
$1,950
Total Expenses
$2,165
Mortgage P&I
55%
$1,074
Property Taxes
5%
$101
Home Insurance
3%
$68
HOA
13%
$260
Property Management
12%
$234
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$214
Projection Charts
Investment Value YoY