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Project Rental Revenue For Any Address

Long-Term Rental Analysis
1598 Tunnel Rd, Asheville, NC 28805
$389,0003 beds • 1 baths • 1482 sqft

This property looks like a bad Long-Term investment with a projected -11.55% first-year return on $81,690 initial cash invested.

Cash On Cash
-11.55%
Cap Rate
4.29%
Rent
$2,150
Cashflow
-$786
Rent Confidence:  High
Annual
$25,800
Median
$2,063
Avg
$2,150
Samples
25
Financing

Purchase Price  $389k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $81,690
Downpayment  20% $77,800
Closing costs  1% $3,890
Rehab  0% $0
Furnishing  0% $0
Cashflow

Total Income  $2,150
Total Expenses  $2,936
Mortgage P&I  96% $2,070
Property Taxes  8% $170
Home Insurance  6% $136
PManagement  10% $215
CapEx  5% $108
Vacancy  6% $129
Maintenance  5% $108
Other  0% $0
Google Maps with the subject property comparables is loading...
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131 Overton Way, # 11BE203$20633214564.4 mi
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161 Overton Way, # 12BE203$20283214564.4 mi
171 Overton Way, # 02BE203$18123214564.4 mi
181 Overton Way, # 04BE104$18223214564.4 mi
199 Teems Ln$21003211000.7 mi
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Projections