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Project Rental Revenue For Any Address

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Long-Term Rental Analysis
222 Chapman Dr, Asheville, NC 28805
$315,000 • 2 beds • 2 baths • 1298 sqft

This property looks like a bad Long-Term investment with a projected -6.04% first-year return on $66,150 initial cash invested.

Cash On Cash
-6.04%
Cap Rate
5.2%
Rent
$2,040
Cashflow
-$333
Rent Confidence:  High
Annual
$24,480
Median
$1,995
Avg
$2,041
Samples
25
Financing
Purchase Price  $315k
Downpayment  20.0%
Interest Rate  6.5%
Mortgage Duration  30yr.
Cash To Invest
Total  $66,150
Downpayment  20% $63,000
Closing costs  1% $3,150
Rehab  0% $0
Furnishing  0% $0
Cashflow
Total Income  $2,040
Total Expenses  $2,373
Mortgage P&I  78% $1,597
Property Taxes  7% $136
Home Insurance  5% $110
PManagement  10% $204
CapEx  5% $102
Vacancy  6% $122
Maintenance  5% $102
Other  0% $0
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#Comparable PropertyRentBedsBathsSQFTDistance
1189 Jordan Rd, Swannanoa, NC 28778$21002213002.7 mi
2197 Summer Haven Rd, Swannanoa, NC 28778$21002213353.9 mi
3688 Upper Grassy Branch Ext, Asheville, NC 28805$1500221.1 mi
4107 Eastville Rd, Asheville, NC 28805$1900221.8 mi
525 Bee Tree Village Pkwy, Swannanoa, NC 28778$1995222 mi
6131 Pinecroft Rd, Asheville, NC 28804$23002211004.2 mi
7619 Salem Heights Ln, Swannanoa, NC 28778$199921.510562.6 mi
8116-2 Arnold Rd, Asheville, NC 28805$1550229122.7 mi
92B Gash Farm Rd, Asheville, NC 28805$1400229563.3 mi
104 Katra Ln, Asheville, NC 28805$1650211.1 mi
11108 Buffalo Trl, Asheville, NC 28805$30003214250.8 mi
12561 Upper Grassy Ext, Asheville, NC 28805$20503212201.4 mi
138 Peek Hl, Swannanoa, NC 28778$1695211.7 mi
143A Gash Farm Rd, Asheville, NC 28805$1400228343.3 mi
15190 Jordan Rd, Swannanoa, NC 28778$21953213002.7 mi
16116 Arnold Rd, Asheville, NC 28805$18503213002.7 mi
171115 Bee Tree Rd, Swannanoa, NC 28778$1500212.5 mi
1832 Nixon Ter, Asheville, NC 28805$24503213502.8 mi
19740 New Haw Creek Rd, Asheville, NC 28805$24003213782.7 mi
2050 Ferncliff Dr, Asheville, NC 28805$32003215071.7 mi
213 Double Oaks Dr, # B, Asheville, NC 28805$1850218001.1 mi
221 Gash Farm Rd, Asheville, NC 28805$18503213683.3 mi
236 Northington Dr N, # #new, Asheville, NC 28805$24003211522.5 mi
24901 Tunnel Rd, Asheville, NC 28805$1700213.5 mi
2510 Sylvanella Ln, Swannanoa, NC 28778$30003211883 mi

Projections