REI Lense

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$2,263 (target)

10 Brad St, Asheville, NC 28803

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Long-Term investment with a projected -7.06% first-year return on $80,850 initial cash invested.

-7.06%

Cash On Cash

4.93%

Cap Rate

0.81

DSCR

$2,263

Rent

-$476

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,263 income − $2,739 expenses = $476 out of pocket

Income$2,263Out of Pocket$476Mortgage P&I$1,94586%Property Taxes$713%Insurance$1356%Management$22610%CapEx$1135%Vacancy$1366%Maintenance$1135%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,263

Total Expenses

$2,739

Mortgage P&I

86%

$1,945

Property Taxes

3%

$71

Home Insurance

6%

$135

HOA

0%

$0

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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