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$5,638 (target)

2 Jaks Ridge Dr, Asheville, NC 28805

3 beds • 3 baths • 2773 sqft

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This property looks like a bad Mid-Term investment with a projected -4.46% first-year return on $171k initial cash invested.

-4.46%

Cash On Cash

5.32%

Cap Rate

0.89

DSCR

$5,638

Rent

-$636

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,638 income − $6,274 expenses = $636 out of pocket

Income$5,638Out of Pocket$636Mortgage P&I$3,63765%Property Taxes$4578%Insurance$2625%Management$67712%CapEx$2264%Vacancy$1693%Maintenance$2264%Other$62011%

Investment Breakdown

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Purchase Price

$728k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$146k

Closing costs

1%

$7,283

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,638

Total Expenses

$6,274

Mortgage P&I

65%

$3,637

Property Taxes

8%

$457

Home Insurance

5%

$262

HOA

0%

$0

Property Management

12%

$677

CapEx

4%

$226

Vacancy

3%

$169

Maintenance

4%

$226

Other

11%

$620

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