REI Lense

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$4,182 (target)

1 Pickwick Rd, Asheville, NC 28803

3 beds • 3 baths • 1702 sqft

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This property looks like a bad Mid-Term investment with a projected -3.7% first-year return on $129k initial cash invested.

-3.7%

Cash On Cash

5.41%

Cap Rate

0.91

DSCR

$4,182

Rent

-$397

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,182 income − $4,579 expenses = $397 out of pocket

Income$4,182Out of Pocket$397Mortgage P&I$2,60462%Property Taxes$3799%Insurance$1754%Management$50212%CapEx$1674%Vacancy$1253%Maintenance$1674%Other$46011%

Investment Breakdown

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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

$4,182

Total Expenses

$4,579

Mortgage P&I

62%

$2,604

Property Taxes

9%

$379

Home Insurance

4%

$175

HOA

0%

$0

Property Management

12%

$502

CapEx

4%

$167

Vacancy

3%

$125

Maintenance

4%

$167

Other

11%

$460

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