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118 Bellamy Rd, Asheville, NC 28806

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Long-Term investment with a projected -8.93% first-year return on $78,729 initial cash invested.

-8.93%

Cash On Cash

4.89%

Cap Rate

0.77

DSCR

$2,380

Rent

-$586

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,729

Downpayment

20%

$74,980

Closing costs

1%

$3,749

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,380

Total Expenses

$2,966

Mortgage P&I

84%

$1,995

Property Taxes

7%

$166

Home Insurance

6%

$131

HOA

2%

$55

PManagement

10%

$238

CapEx

5%

$119

Vacancy

6%

$143

Maintenance

5%

$119

Other

0%

$0

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