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21 Oteen Park Pl, Asheville, NC 28805

2 beds • 1 baths • 1050 sqft

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This property looks like a bad Long-Term investment with a projected -13.04% first-year return on $62,475 initial cash invested.

-13.04%

Cash On Cash

3.96%

Cap Rate

0.62

DSCR

$1,540

Rent

-$679

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$298k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,475

Downpayment

20%

$59,500

Closing costs

1%

$2,975

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,540

Total Expenses

$2,219

Mortgage P&I

103%

$1,583

Property Taxes

9%

$132

Home Insurance

7%

$104

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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