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2320 Evans Rd, Hendersonville, NC 28739

3 beds • 5 baths • 3543 sqft

$1,090,000

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This property looks like a bad Long-Term investment with a projected -18.74% first-year return on $229k initial cash invested.

-18.74%

Cash On Cash

2.08%

Cap Rate

0.36

DSCR

$3,267

Rent

-$3,575

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1090k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$229k

Downpayment

20%

$218k

Closing costs

1%

$10,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,267

Total Expenses

$6,842

Mortgage P&I

162%

$5,298

Property Taxes

10%

$313

Home Insurance

12%

$382

HOA

0%

$0

Property Management

10%

$327

CapEx

5%

$163

Vacancy

6%

$196

Maintenance

5%

$163

Other

0%

$0

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