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106 Thistle Field Dr, Asheville, NC 28806

2 beds • 1 baths • 806 sqft

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This property looks like a bad Airbnb investment with a projected -3.64% first-year return on $85,500 initial cash invested.

-3.64%

Cash On Cash

5.73%

Cap Rate

0.93

DSCR

$3,380

Rent

-$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,380 income − $3,639 expenses = $259 out of pocket

Income$3,380Out of Pocket$259Mortgage P&I$1,79653%Property Taxes$993%Insurance$1224%Management$50715%CapEx$1354%Maintenance$1354%Other$84525%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$3,380

Total Expenses

$3,639

Mortgage P&I

53%

$1,796

Property Taxes

3%

$99

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$507

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$845

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