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1672 Olmsted Dr, Asheville, NC 28803

3 beds • 3 baths • 2020 sqft

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This property looks like a bad Mid-Term investment with a projected -13.84% first-year return on $201k initial cash invested.

-13.84%

Cash On Cash

2.76%

Cap Rate

0.48

DSCR

$4,130

Rent

-$2,322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$873k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$201k

Downpayment

20%

$175k

Closing costs

1%

$8,729

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,130

Total Expenses

$6,452

Mortgage P&I

101%

$4,167

Property Taxes

11%

$456

Home Insurance

7%

$297

HOA

3%

$128

Property Management

12%

$496

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$454

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