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1 Pickwick Rd, Asheville, NC 28803

3 beds • 3 baths • 1702 sqft

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This property looks like a bad Airbnb investment with a projected -8.1% first-year return on $129k initial cash invested.

-8.1%

Cash On Cash

4.36%

Cap Rate

0.73

DSCR

$4,404

Rent

-$868

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,404 income − $5,272 expenses = $868 out of pocket

Income$4,404Out of Pocket$868Mortgage P&I$2,60459%Property Taxes$3799%Insurance$1754%Management$66115%CapEx$1764%Maintenance$1764%Other$1,10125%

Investment Breakdown

|

Purchase Price

$527k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$105k

Closing costs

1%

$5,268

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,404

Total Expenses

$5,272

Mortgage P&I

59%

$2,604

Property Taxes

9%

$379

Home Insurance

4%

$175

HOA

0%

$0

Property Management

15%

$661

CapEx

4%

$176

Vacancy

0%

$0

Maintenance

4%

$176

Other

25%

$1,101

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