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Long-Term Rental Analysis
16 Vail Ct, Asheville, NC 28806
$439,0003 beds • 2 baths • 1287 sqft

This property looks like a bad Long-Term investment with a projected -11.34% first-year return on $92,190 initial cash invested.

Cash On Cash
-11.34%
Cap Rate
4.33%
Rent
$2,338
Cashflow
-$871
Rent Confidence:  High
Annual
$28,056
Median
$2,395
Avg
$2,339
Samples
25
Financing

Purchase Price  $439k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $92,190
Downpayment  $87,800
Closing costs  $4,390
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $2,338
Total Expenses  $3,209
Mortgage P&I  $2,337
Property Taxes  $110
Home Insurance  $154
PManagement  $234
CapEx  $117
Vacancy  $140
Maintenance  $117
Other  $0
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