REI Lense- Airbnb
- Long-Term
- Mid-Term
Long-Term Rental Analysis
1598 Tunnel Rd, Asheville, NC 28805
$389,000 • 3 beds • 1 baths • 1482 sqft
This property looks like a bad Long-Term investment with a projected -9.97% first-year return on $81,690 initial cash invested.
Cash On Cash
-9.97%
Cap Rate
4.65%
Rent
$2,295
Signal: Med.
Cashflow
-$679
Financing
Purchase Price $389k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $81,690
Downpayment $77,800
Closing costs $3,890
Rehab $0
Furnishing $0
Cashflow
Total Income $2,295
Total Expenses $2,974
Mortgage P&I $2,070
Property Taxes $170
Home Insurance $136
PManagement $230
CapEx $115
Vacancy $138
Maintenance $115
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 341 Bee Tree Rd | $1950 | 3 | 1 | 1500 | 4.6 mi |
| 2 | 50 Ferncliff Dr | $3200 | 3 | 2 | 1507 | 1.6 mi |
| 3 | 40 Little Knob Rd | $1700 | 3 | 1 | 1350 | 3.7 mi |
| 4 | 23 Pleasant Ridge Dr | $2295 | 3 | 1.5 | 1300 | 2.5 mi |
| 5 | 1 Gash Farm Rd | $1995 | 3 | 2 | 1368 | 2.1 mi |
| 6 | 116 Arnold Rd | $2300 | 3 | 2 | 1300 | 2.3 mi |
| 7 | 14 Sleepy Hollow Ln | $1800 | 3 | 2 | 1210 | 1.4 mi |
| 8 | 20 Pine Spring Dr | $2600 | 3 | 2 | 1455 | 4.1 mi |
| 9 | 2000 Olde Eastwood Village Blvd, Unit 206 | $2200 | 3 | 2 | 1402 | 3.7 mi |
| 10 | 9 Teems Ln | $2100 | 3 | 2 | 1100 | 0.7 mi |
| 11 | 14 Cherry Laurel Ln | $1995 | 3 | 2 | 1467 | 4.6 mi |
| 12 | 12 Waverly Ct | $2200 | 3 | 2 | 1600 | 3.7 mi |
| 13 | 32 Nixon Ter | $2450 | 3 | 2 | 1350 | 3.6 mi |
| 14 | 8 Pin Oak Ln | $2200 | 3 | 2 | 1514 | 4.7 mi |
| 15 | 613 Salem Heights Ln | $2500 | 3 | 2.5 | 1415 | 2.8 mi |
| 16 | 611 Salem Heights Ln | $2295 | 3 | 2.5 | 1408 | 2.8 mi |
| 17 | 610 Salem Heights Ln | $2300 | 3 | 2.5 | 1408 | 2.8 mi |
| 18 | 4 Sherwood Rd | $2500 | 3 | 2 | 1600 | 4 mi |
| 19 | 20 Bell Rd | $2495 | 3 | 1.5 | 1724 | 4.5 mi |
| 20 | 130 Kingsgate Rd | $2150 | 3 | 2 | 1600 | 4.1 mi |
| 21 | 12 Beechwood Rd | $1900 | 3 | 1 | 1185 | 5.4 mi |
| 22 | 70 Pressley Rd | $2295 | 3 | 1.5 | 1296 | 5.1 mi |
| 23 | 11 Trinity Chapel Rd | $2300 | 3 | 2 | 1408 | 4.7 mi |
| 24 | 513 Sycamore Branch Rd | $2400 | 3 | 2 | 1586 | 4.6 mi |
| 25 | 2000 Olde Eastwood Village Blvd | $2100 | 3 | 2 | 1300 | 3.7 mi |