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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 -7.02% first-year return on $60,690 initial cash invested.
Cash On Cash
-7.02%
Cap Rate
5.29%
Rent
$1,800
Signal: Med.
Cashflow
-$355
Financing
Purchase Price $289k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $60,690
Downpayment $57,800
Closing costs $2,890
Rehab $0
Furnishing $0
Cashflow
Total Income $1,800
Total Expenses $2,155
Mortgage P&I $1,538
Property Taxes $48
Home Insurance $101
PManagement $180
CapEx $90
Vacancy $108
Maintenance $90
Other $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 | $2100 | 2 | 2 | 912 | 0.9 mi |
| 4 | 2B Gash Farm Rd | $1400 | 2 | 2 | 956 | 1.4 mi |
| 5 | 104 Eastville Rd | $2495 | 2 | 2 | 984 | 1.3 mi |
| 6 | 305 Stevens Ln | $1800 | 2 | 1 | 787 | 0.5 mi |
| 7 | 307 Stevens Ln | $1800 | 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 | 107 Eastville Rd | $1900 | 2 | 2 | 1.3 mi | |
| 12 | 17-1 Howards Row Pl | $1600 | 2 | 2 | 1.3 mi | |
| 13 | 162 New Salem Rd | $1100 | 2 | 2 | 750 | 3.7 mi |
| 14 | 20 Willow Ct | $1395 | 2 | 2 | 1.7 mi | |
| 15 | 84 Oteen Church Rd | $2100 | 2 | 1 | 776 | 1.6 mi |
| 16 | 51 Maple Dr | $1800 | 2 | 1 | 850 | 3.5 mi |
| 17 | 90 Pershing Rd | $1895 | 2 | 1 | 838 | 3.4 mi |
| 18 | 3 Double Oaks Dr, # B | $1850 | 2 | 1 | 800 | 2.7 mi |
| 19 | 311 Stevens Ln | $1650 | 2 | 1 | 663 | 0.5 mi |
| 20 | 688 Upper Grassy Branch Ext | $1600 | 2 | 2 | 3.1 mi | |
| 21 | 4110 Verde Vista Cir, Unit Victoria | $2131 | 2 | 2 | 1077 | 4.1 mi |
| 22 | 2000 Old Eastwood Village Blvd, Unit 305 | $1650 | 2 | 2 | 3.6 mi | |
| 23 | 1905 Abbey Cir | $1650 | 2 | 2 | 1180 | 3.4 mi |
| 24 | 3402 Saint Augustine Pl | $1600 | 2 | 2 | 1176 | 3.4 mi |
| 25 | 3 Bridgestone Rd | $1500 | 2 | 1.5 | 1120 | 2.5 mi |