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18 Adas Way, Asheville, NC 28787

3 beds • 4 baths • 3740 sqft

$1,195,000

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This property looks like a bad Airbnb investment with a projected -21.72% first-year return on $269k initial cash invested.

-21.72%

Cash On Cash

1.4%

Cap Rate

0.23

DSCR

$3,838

Rent

-$4,868

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,838 income − $8,706 expenses = $4,868 out of pocket

Income$3,838Out of Pocket$4,868Mortgage P&I$6,106159%Property Taxes$3008%Insurance$41811%HOA$381%Management$57615%CapEx$1544%Maintenance$1544%Other$96025%

Investment Breakdown

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Purchase Price

$1195k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$269k

Downpayment

20%

$239k

Closing costs

1%

$11,950

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,838

Total Expenses

$8,706

Mortgage P&I

159%

$6,106

Property Taxes

8%

$300

Home Insurance

11%

$418

HOA

1%

$38

Property Management

15%

$576

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$960

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