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Long-Term Rental Analysis
112 Clingman Ave, Asheville, NC 28801
$495,0003 beds • 2 baths • 1034 sqft

This property looks like a bad Long-Term investment with a projected -16.02% first-year return on $104k initial cash invested.

Cash On Cash
-16.02%
Cap Rate
3.3%
Rent
$2,295
Signal: Med.
Cashflow
-$1,388
Financing

Purchase Price  $495k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $104k
Downpayment  $99,000
Closing costs  $4,950
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $2,295
Total Expenses  $3,683
Mortgage P&I  $2,635
Property Taxes  $277
Home Insurance  $173
PManagement  $230
CapEx  $115
Vacancy  $138
Maintenance  $115
Other  $0
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