REI Lense

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$2,367 (target)

200 Rockrose Ct, Asheville, NC 28803

3 beds • 3 baths • 1399 sqft

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This property looks like a bad Long-Term investment with a projected -9.95% first-year return on $87,591 initial cash invested.

-9.95%

Cash On Cash

4.26%

Cap Rate

0.71

DSCR

$2,367

Rent

-$726

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,367 income − $3,093 expenses = $726 out of pocket

Income$2,367Out of Pocket$726Mortgage P&I$2,08788%Property Taxes$2159%Insurance$1496%HOA$271%Management$23710%CapEx$1185%Vacancy$1426%Maintenance$1185%

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,591

Downpayment

20%

$83,420

Closing costs

1%

$4,171

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,367

Total Expenses

$3,093

Mortgage P&I

88%

$2,087

Property Taxes

9%

$215

Home Insurance

6%

$149

HOA

1%

$27

Property Management

10%

$237

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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