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241 W Sunset Ridge Dr, Hendersonville, NC 28729

3 beds • 2 baths • 1593 sqft

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This property looks like a bad Mid-Term investment with a projected -1.73% first-year return on $113k initial cash invested.

-1.73%

Cash On Cash

5.83%

Cap Rate

0.99

DSCR

$3,714

Rent

-$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$453k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,660

Closing costs

1%

$4,533

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,714

Total Expenses

$3,877

Mortgage P&I

60%

$2,215

Property Taxes

4%

$156

Home Insurance

4%

$163

HOA

2%

$79

Property Management

12%

$446

CapEx

4%

$149

Vacancy

3%

$111

Maintenance

4%

$149

Other

11%

$409

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