Property Analysis for 105 Mockingbird Cir, Asheville, NC 28806

Long-Term Rental Analysis

105 Mockingbird Cir, Asheville, NC 28806

$349,000 • 2 beds • 2 baths • 1526 sqft

This property looks like a bad Long-Term investment with a projected -6.43% first-year return on $73,290 initial cash invested.

Cash On Cash

-6.43%

Cap Rate

5.1%

Rent

$2,160

Cashflow

-$393

Rent Confidence: High

Annual

$25,920

Median

$1,850

Avg

$2,109

Samples

Financing

Purchase Price $349k

Downpayment 20.0%

Interest Rate 6.5%

Mortgage Duration 30yr.

Cash To Invest

Total $73,290

Downpayment 20% $69,800

Closing costs 1% $3,490

Rehab 0% $0

Furnishing 0% $0

Cashflow

Total Income $2,160

Total Expenses $2,553

Mortgage P&I 82% $1,768

Property Taxes 5% $101

Home Insurance 6% $122

PManagement 10% $216

CapEx 5% $108

Vacancy 6% $130

Maintenance 5% $108

Other 0% $0

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

#	Comparable Property	Rent	Beds	Baths	SQFT	Distance
1	36 Fulton St, Asheville, NC 28801	$2500	2	2	1600	1.7 mi
2	88 Washington Rd, Asheville, NC 28801	$2650	2	2	1477	1.9 mi
3	37 Elizabeth Pl, Asheville, NC 28801	$2200	2	2	1375	1.8 mi
4	15 Bearden Ave, Asheville, NC 28801	$2995	2	1.5	1600	1.7 mi
5	109 Pearson Dr, Asheville, NC 28801	$1800	2	2		1.4 mi
6	3 Ravine Ext, Asheville, NC 28804	$3500	2	2	1008	0.5 mi
7	25.5 Woodrow Ave, Asheville, NC 28801	$2750	2	2	1098	1.6 mi
8	52 Elizabeth St, Asheville, NC 28801	$2800	2	2	1100	1.7 mi
9	2 3rd St, Unit A, Woodfin, NC 28804	$1300	2	2	1055	1.4 mi
10	2 3rd St, Unit B, Woodfin, NC 28804	$1300	2	1	1330	1.4 mi
11	28 Woodrow Ave, Asheville, NC 28801	$3250	2	2	1000	1.5 mi
12	59 Starmount Dr, Asheville, NC 28806	$1995	2	2	1025	1.8 mi
13	295 Murdock Ave, Asheville, NC 28804	$1850	2	1	1237	1.5 mi
14	23 Church Rd, Asheville, NC 28804	$1795	3	2	1500	1.4 mi
15	6 Cottage St, Asheville, NC 28804	$1650	2	1		1 mi
16	117 Maney Ave Unit B, Asheville, NC 28804	$1250	2	1		1.3 mi
17	99 Lookout Rd, Asheville, NC 28804	$1800	2	2	774	0.6 mi
18	19 Dortch Ave Unit A, Asheville, NC 28801	$1450	2	1		1.4 mi
19	8.5 Chatham Rd, Asheville, NC 28804	$1200	2	1		1.4 mi
20	40 Church Rd, Woodfin, NC 28804	$1600	2	1		1.5 mi
21	131 W Chestnut St, Unit B, Asheville, NC 28801	$1750	2	1		1.6 mi
22	217 Fernstone Rd, Asheville, NC 28804	$3250	3	2	1600	1.7 mi
23	5 S Woodward Ave, Asheville, NC 28804	$2000	2	1		1.7 mi
24	7 Pine Meadow Dr, Asheville, NC 28804	$2600	3	2	1688	1 mi
25	80 Farrwood Ave, Asheville, NC 28804	$1500	2	1		1.7 mi

Projections