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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 Long-Term investment with a projected -15.48% first-year return on $142k initial cash invested.
-15.48%
Cash On Cash
2.96%
Cap Rate
0.5
DSCR
$2,780
Rent
-$1,829
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,780 income − $4,609 expenses = $1,829 out of pocket
Investment Breakdown
|
Purchase Price
$675k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$142k
Downpayment
20%
$135k
Closing costs
1%
$6,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,780
Total Expenses
$4,609
Mortgage P&I
121%
$3,354
Property Taxes
11%
$296
Home Insurance
8%
$236
HOA
0%
$0
Property Management
10%
$278
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0