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111 Arabesque Way, Lake Lure, NC 28746

3 beds • 3 baths • 3898 sqft

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This property looks like a bad Mid-Term investment with a projected -4.61% first-year return on $206k initial cash invested.

-4.61%

Cash On Cash

5.12%

Cap Rate

0.88

DSCR

$6,666

Rent

-$791

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$895k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$206k

Downpayment

20%

$179k

Closing costs

1%

$8,950

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,666

Total Expenses

$7,457

Mortgage P&I

65%

$4,346

Property Taxes

7%

$485

Home Insurance

5%

$313

HOA

1%

$46

Property Management

12%

$800

CapEx

4%

$267

Vacancy

3%

$200

Maintenance

4%

$267

Other

11%

$733

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