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106 Upper Grouse Ridge Road, Banner Elk, NC 28604
3 beds • 2 baths • 1527 sqft
$568,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -10.13% first-year return on $137k initial cash invested.
-10.13%
Cash On Cash
3.87%
Cap Rate
0.64
DSCR
$3,333
Rent
-$1,159
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,333 income − $4,492 expenses = $1,159 out of pocket
Investment Breakdown
|
Purchase Price
$568k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$114k
Closing costs
1%
$5,680
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,333
Total Expenses
$4,492
Mortgage P&I
86%
$2,857
Property Taxes
9%
$292
Home Insurance
6%
$210
HOA
0%
$0
Property Management
12%
$400
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$367