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1628 Tunnel Rd, Asheville, NC 28805

2 beds • 1 baths • 931 sqft

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This property looks like a bad Long-Term investment with a projected -10% first-year return on $66,150 initial cash invested.

-10%

Cash On Cash

4.3%

Cap Rate

$1,650

Rent

-$551

Cashflow

-8.72

Cach on Cash

4.92%

Cap Rate

$3.477

Rent

-%822

Cashflow

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,650

Total Expenses

$2,201

Mortgage P&I

97%

$1,599

Property Taxes

4%

$64

Home Insurance

7%

$110

PManagement

10%

$165

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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Comparable Property

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Beds

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Distance

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2

1

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2

1

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2

1

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4

2

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2

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5

4

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2

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5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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