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131 White Ash Dr E, Asheville, NC 28803

3 beds • 3 baths • 1830 sqft

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This property looks like a bad Airbnb investment with a projected -19.65% first-year return on $174k initial cash invested.

-19.65%

Cash On Cash

1.41%

Cap Rate

0.24

DSCR

$2,879

Rent

-$2,852

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$744k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$174k

Downpayment

20%

$149k

Closing costs

1%

$7,438

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,879

Total Expenses

$5,731

Mortgage P&I

125%

$3,609

Property Taxes

12%

$346

Home Insurance

9%

$266

HOA

4%

$128

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$720

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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2

1.52 mi

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3

2

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4

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1.3 mi

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2

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0.9 mi

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$2,850

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5

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0.6 mi

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

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5

4

0.6 mi

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