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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 -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
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