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289 Riverview Church Rd, Asheville, NC 28806

3 beds • 3 baths • 2115 sqft

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This property might be a fair Airbnb investment with a projected 6.24% first-year return on $113k initial cash invested.

6.24%

Cash On Cash

8.01%

Cap Rate

1.38

DSCR

$5,870

Rent

$585

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,870

Total Expenses

$5,285

Mortgage P&I

37%

$2,184

Property Taxes

2%

$125

Home Insurance

3%

$158

HOA

0%

$0

Property Management

15%

$880

CapEx

4%

$235

Vacancy

0%

$0

Maintenance

4%

$235

Other

25%

$1,468

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