Short Term OR Mid-Term Rental in Orange Beach
Orange Beach, AL 36561
3 Beds - 2.5 Baths - 2 Car Garage
| Square Feet | 2,011 | | Purchase Price | $554,900 | | Initial Market Value | $554,900 | | Downpayment | $138,725 | | Closing Costs | $20,809 | | Initial Cash Invested | $159,534 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $3,495 | $41,940 | | Vacancy Losses | $105 | $1,258 | | Operating Income | $3,390 | $40,682 | | Operating Expenses | $1,541 | $18,495 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,849 | $22,187 | | - Mortgage Payments | $2,396 | $28,749 | | = Cash Flow | ($547) | ($6,562) | | + Principal Reduction | $457 | $5,479 | | + First-Year Appreciation | $3,699 | $44,392 | | = Gross Equity Income | $3,609 | $43,309 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 4.0% | | Cash on Cash Return | -4% | | Total Return on Investment | 27% |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 8% | | Vacancy Rate | 3% | | Management Fee | 10% |
| Comments |
|---|
| **SELF-Managed Option** STR or Mid-Term rental in Orange Beach! Views of Wolf Bay and minutes from Gulf Beaches. Interior photos are representative. Furniture not included. |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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