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6974 Crimson Ridge St, Gulf Shores, AL 36542

3 beds • 2 baths • 1755 sqft

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This property looks like a bad Airbnb investment with a projected -6.92% first-year return on $87,090 initial cash invested.

-6.92%

Cash On Cash

4.45%

Cap Rate

0.75

DSCR

$2,547

Rent

-$502

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

$87,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,547

Total Expenses

$3,049

Mortgage P&I

64%

$1,620

Property Taxes

3%

$72

Home Insurance

5%

$115

HOA

1%

$19

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$637

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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2

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3

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3

2

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4

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$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

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