400 Plantation Rd 3110 Gulf Shores, Alabama, 36542
2 bed • 2 bath • 6 guests
Est. $1,578/mo
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Airbnb Investor Score
$3,986
Annual Profit
8.0%
Cap Rate
4.9%
Cash on Cash
$45,816
Annual Revenue
This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $214/night at 43% occupancy.Projected nightly rate is $196/night at 64% occupancy.
Top 51% of comparables
Top 41% of comparables
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$48,487
Avg annual revenue
64%
Avg occupancy rate
$196
Avg nightly rate
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Revenue per year
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$3,987
Profit
Revenue
$45,816
Operating Expenses
$19,636
Operating Income
$26,180
Mortgage & Taxes
$22,193
Profit (Cash Flow)
$3,987
$82,170
Cash Investment
Down Payment
$65,800
Renos & Furnishing
$6,500
Closing Costs
$9,870
Total
$82,170
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
4.85%
Cap Rate
7.95%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$15,615
Deductible property tax
$3,257
Your total deduction
$29,504
Your adjusted annual income
$150,000 - $29,504 = $120,496
Taxes on $120,496 (30%)
$36,149
Your old tax bill
$45,000
Your new tax bill
$36,149
Estimated tax savings
$8,851
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
-
Year built:
1983
Size:
785 sqft
Type:
CONDO
Parking:
-
Heating:
Electric
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: CONDO
- Stories: 1
- Lot size: -
- Building area: 785 sqft
- Garage: No
- Heating: Electric
- Pool: No
- Fireplaces: 0
- Basement: No
- Cooling: -
- View: Indirect Gulf Side, Western View
- Parking: Parking Lot
- Amenities: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker
- Price per square foot: $419
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 6809290000003.001.931A1
- Flood Zone: Yes, Zone Moderate risk: Areas of 0.2% annual chance flood (500-year flood)
Tax Info
- Year Assessed: 2023
- Assessed Value: $278,700
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: -
Schools
- High School: Foley High School with 6/10 star rating