REI Lense

REI Lense

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$3,549 (target)

178 Coleman Ave, Asheville, NC 28801

3 beds • 3 baths • 2356 sqft

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This property looks like a bad Mid-Term investment with a projected -10.37% first-year return on $152k initial cash invested.

-10.37%

Cash On Cash

3.62%

Cap Rate

0.62

DSCR

$3,549

Rent

-$1,311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$637k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$127k

Closing costs

1%

$6,367

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,549

Total Expenses

$4,860

Mortgage P&I

87%

$3,092

Property Taxes

9%

$319

Home Insurance

7%

$243

HOA

0%

$0

Property Management

12%

$426

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$390

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