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1410 Beech Mountain Parkway, Banner Elk, NC 28604
3 beds • 3 baths • 2025 sqft
$675,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -8.52% first-year return on $160k initial cash invested.
-8.52%
Cash On Cash
4.24%
Cap Rate
0.71
DSCR
$4,170
Rent
-$1,134
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,170 income − $5,304 expenses = $1,134 out of pocket
Investment Breakdown
|
Purchase Price
$675k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$160k
Downpayment
20%
$135k
Closing costs
1%
$6,750
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,170
Total Expenses
$5,304
Mortgage P&I
80%
$3,354
Property Taxes
7%
$296
Home Insurance
6%
$236
HOA
0%
$0
Property Management
12%
$500
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$459