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29 Winding Rd, Asheville, NC 28803

3 beds • 3 baths • 1778 sqft

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This property looks like a bad Airbnb investment with a projected -16.67% first-year return on $126k initial cash invested.

-16.67%

Cash On Cash

2.29%

Cap Rate

0.37

DSCR

$2,510

Rent

-$1,746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,510 income − $4,256 expenses = $1,746 out of pocket

Income$2,510Out of Pocket$1,746Mortgage P&I$2,624105%Property Taxes$24410%Insurance$1847%Management$37615%CapEx$1004%Maintenance$1004%Other$62825%

Investment Breakdown

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Purchase Price

$513k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,129

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,510

Total Expenses

$4,256

Mortgage P&I

105%

$2,624

Property Taxes

10%

$244

Home Insurance

7%

$184

HOA

0%

$0

Property Management

15%

$376

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$628

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