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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 -5.43% first-year return on $85,500 initial cash invested.

-5.43%

Cash On Cash

5.26%

Cap Rate

0.85

DSCR

$3,134

Rent

-$387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,134 income − $3,521 expenses = $387 out of pocket

Income$3,134Out of Pocket$387Mortgage P&I$1,79657%Property Taxes$993%Insurance$1224%Management$47015%CapEx$1254%Maintenance$1254%Other$78425%

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

$3,134

Total Expenses

$3,521

Mortgage P&I

57%

$1,796

Property Taxes

3%

$99

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$470

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$784

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