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298 School Rd E, Asheville, NC 28803

3 beds • 2 baths • 1528 sqft

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This property looks like a bad Long-Term investment with a projected -1.66% first-year return on $71,400 initial cash invested.

-1.66%

Cash On Cash

5.79%

Cap Rate

1.01

DSCR

$2,350

Rent

-$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,350

Total Expenses

$2,449

Mortgage P&I

69%

$1,622

Property Taxes

4%

$96

Home Insurance

5%

$119

PManagement

10%

$235

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

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Comparable Property

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Beds

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SQFT

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2

1

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$2,850

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