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3 Holly Hill Rd, Asheville, NC 28803

3 beds • 4 baths • 5092 sqft

$3,950,000

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This property looks like a bad Long-Term investment with a projected -27.08% first-year return on $830k initial cash invested.

-27.08%

Cash On Cash

0.1%

Cap Rate

0.02

DSCR

$2,670

Rent

-$18,716

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$3950k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$830k

Downpayment

20%

$790k

Closing costs

1%

$39,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,670

Total Expenses

$21,386

Mortgage P&I

708%

$18,903

Property Taxes

15%

$406

Home Insurance

52%

$1,382

HOA

0%

$0

Property Management

10%

$267

CapEx

5%

$134

Vacancy

6%

$160

Maintenance

5%

$134

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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3

2

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3

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3

2.5

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1.2 mi

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4

2

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1.3 mi

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2

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0.9 mi

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$2,850

5

4

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0.6 mi

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2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

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