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$2,820 (target)

239 Baird Cove Rd, Asheville, NC 28804

3 beds • 2 baths • 1040 sqft

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This property looks like a bad Mid-Term investment with a projected -1.24% first-year return on $84,171 initial cash invested.

-1.24%

Cash On Cash

6.68%

Cap Rate

1.02

DSCR

$2,820

Rent

-$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,820 income − $2,907 expenses = $87 out of pocket

Income$2,820Out of Pocket$87Mortgage P&I$1,72861%Property Taxes$1064%Insurance$1144%Management$33812%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31011%

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,171

Downpayment

20%

$63,020

Closing costs

1%

$3,151

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,820

Total Expenses

$2,907

Mortgage P&I

61%

$1,728

Property Taxes

4%

$106

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

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