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284 Indian Cave Park Rd, Hendersonville, NC 28739
3 beds • 4 baths • 2345 sqft
$775,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -17.16% first-year return on $163k initial cash invested.
-17.16%
Cash On Cash
2.88%
Cap Rate
0.46
DSCR
$2,917
Rent
-$2,328
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,917 income − $5,245 expenses = $2,328 out of pocket
Investment Breakdown
|
Purchase Price
$775k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$155k
Closing costs
1%
$7,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,917
Total Expenses
$5,245
Mortgage P&I
139%
$4,040
Property Taxes
6%
$175
Home Insurance
9%
$271
HOA
0%
$0
Property Management
10%
$292
CapEx
5%
$146
Vacancy
6%
$175
Maintenance
5%
$146
Other
0%
$0