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112 Clingman Ave, Asheville, NC 28801

3 beds • 2 baths • 1034 sqft

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This property looks like a bad Long-Term investment with a projected -15.9% first-year return on $104k initial cash invested.

-15.9%

Cash On Cash

3.33%

Cap Rate

$2,310

Rent

-$1,377

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$495k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$99,000

Closing costs

1%

$4,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,310

Total Expenses

$3,687

Mortgage P&I

114%

$2,635

Property Taxes

12%

$277

Home Insurance

7%

$173

PManagement

10%

$231

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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