REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

6974 Crimson Ridge St, Gulf Shores, AL 36542

3 beds • 2 baths • 1755 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.32% first-year return on $69,090 initial cash invested.

-4.32%

Cash On Cash

5.39%

Cap Rate

0.91

DSCR

$2,130

Rent

-$249

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,130

Total Expenses

$2,379

Mortgage P&I

76%

$1,620

Property Taxes

3%

$72

Home Insurance

5%

$115

HOA

1%

$19

Property Management

10%

$213

CapEx

5%

$106

Vacancy

6%

$128

Maintenance

5%

$106

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

6914 Summerset Dr, Gulf Shores, AL 36542

$1,995

3

2

1769

0.2 mi

4299 Montague Dr, Gulf Shores, AL 36542

$2,500

3

2

1667

0.3 mi

4247 Montague Dr, Gulf Shores, AL 36542

$2,400

3

2

1670

0.3 mi

6938 Summerset Dr, Gulf Shores, AL 36542

$2,200

3

2

1648

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

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis