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2144 Wilson Rd, Asheville, NC 28806

2 beds • 1 baths • 834 sqft

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This property looks like a bad Long-Term investment with a projected -7.87% first-year return on $62,979 initial cash invested.

-7.87%

Cash On Cash

4.39%

Cap Rate

0.77

DSCR

$1,610

Rent

-$413

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,610

Total Expenses

$2,023

Mortgage P&I

89%

$1,431

Property Taxes

4%

$69

Home Insurance

7%

$105

PManagement

10%

$161

CapEx

5%

$80

Vacancy

6%

$97

Maintenance

5%

$80

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

597 Emma Rd, Asheville, NC 28806

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2

1

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1

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2

1

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2.2 mi

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$1,650

2

1

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2.2 mi

104 W Rancho Del Cerro

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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