Property Analysis for 10 Shenandoah Rd, Asheville, NC 28805

Long-Term Rental Analysis

10 Shenandoah Rd, Asheville, NC 28805

$289,000 • 2 beds • 2 baths • 848 sqft

This property looks like a bad Long-Term investment with a projected -9.57% first-year return on $60,690 initial cash invested.

Cash On Cash

-9.57%

Cap Rate

4.71%

Rent

$1,624

Cashflow

-$484

Rent Confidence: High

Annual

$19,488

Median

$1,600

Avg

$1,627

Samples

Financing

Purchase Price $289k

Downpayment 20.0%

Interest Rate 7.0%

Mortgage Duration 30yr.

Cash To Invest

Total $60,690

Downpayment 20% $57,800

Closing costs 1% $2,890

Rehab 0% $0

Furnishing 0% $0

Cashflow

Total Income $1,624

Total Expenses $2,108

Mortgage P&I 95% $1,538

Property Taxes 3% $48

Home Insurance 6% $101

PManagement 10% $162

CapEx 5% $81

Vacancy 6% $97

Maintenance 5% $81

Other 0% $0

Google Maps with the subject property comparables is loading...

#	Comparable Property	Rent	Beds	Baths	SQFT	Distance
1	4 Snelson-sne Ln, Lot 4	$1300	2	2	924	0.3 mi
2	3A Gash Farm Rd	$1400	2	2	834	1.4 mi
3	116-2 Arnold Rd	$1550	2	2	912	0.9 mi
4	2B Gash Farm Rd	$1400	2	2	956	1.4 mi
5	17 Grassy Park Dr	$995	2	1	900	0.5 mi
6	305 Stevens Ln	$1800	2	1	787	0.5 mi
7	307 Stevens Ln	$1625	2	1	784	0.5 mi
8	303 Stevens Ln	$1800	2	1	784	0.5 mi
9	309 Stevens Ln	$1800	2	1	781	0.5 mi
10	102 Parkway Vista Dr	$1950	2	2	1180	0.5 mi
11	144 Maxwell Rd, # A	$1995	2	1	855	1.7 mi
12	107 Eastville Rd	$1900	2	2		1.3 mi
13	17-1 Howards Row Pl	$1600	2	2		1.3 mi
14	162 New Salem Rd	$1100	2	2	750	3.7 mi
15	20 Willow Ct	$1395	2	2		1.7 mi
16	431 Governors View Rd	$1800	2	1	864	2.4 mi
17	45 Browndale Rd	$1500	2	1	768	1.4 mi
18	84 Oteen Church Rd	$2100	2	1	776	1.6 mi
19	1 Overton Way, # 04BE301	$1506	2	2	950	4.6 mi
20	1 Overton Way, # 02BE101	$1556	2	2	950	4.6 mi
21	1 Overton Way, # 09BE105	$1556	2	2	950	4.6 mi
22	51 Maple Dr	$1800	2	1	850	3.5 mi
23	90 Pershing Rd	$1895	2	1	838	3.4 mi
24	3 Double Oaks Dr, # B	$1850	2	1	800	2.7 mi
25	688 Upper Grassy Branch Ext	$1500	2	2		3.1 mi

Projections