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$4,089 (target)

155 Crabapple Ln, Asheville, NC 28804

3 beds • 3 baths • 2499 sqft

$1,050,400

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This property looks like a bad Mid-Term investment with a projected -16.58% first-year return on $239k initial cash invested.

-16.58%

Cash On Cash

2.35%

Cap Rate

0.4

DSCR

$4,089

Rent

-$3,297

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,089 income − $7,386 expenses = $3,297 out of pocket

Income$4,089Out of Pocket$3,297Mortgage P&I$5,193127%Property Taxes$41610%Insurance$3859%Management$49112%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45011%

Investment Breakdown

|

Purchase Price

$1050k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$239k

Downpayment

20%

$210k

Closing costs

1%

$10,504

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,089

Total Expenses

$7,386

Mortgage P&I

127%

$5,193

Property Taxes

10%

$416

Home Insurance

9%

$385

HOA

0%

$0

Property Management

12%

$491

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$450

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