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243 Hi Alta Ave #3, Asheville, NC 28806

3 beds • 2 baths • 1350 sqft

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This property looks like a bad Long-Term investment with a projected -13.14% first-year return on $87,570 initial cash invested.

-13.14%

Cash On Cash

3.94%

Cap Rate

0.62

DSCR

$2,150

Rent

-$959

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$417k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,570

Downpayment

20%

$83,400

Closing costs

1%

$4,170

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,150

Total Expenses

$3,109

Mortgage P&I

103%

$2,219

Property Taxes

9%

$184

Home Insurance

7%

$146

PManagement

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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