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3 Northwood Rd, Asheville, NC 28804

3 beds • 3 baths • 4280 sqft

$1,850,000

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This property looks like a bad Mid-Term investment with a projected -27.1% first-year return on $407k initial cash invested.

-27.1%

Cash On Cash

-0.08%

Cap Rate

-0.01

DSCR

$1,600

Rent

-$9,180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1850k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$407k

Downpayment

20%

$370k

Closing costs

1%

$18,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$1,600

Total Expenses

$10,780

Mortgage P&I

562%

$8,993

Property Taxes

37%

$595

Home Insurance

41%

$648

HOA

0%

$0

Property Management

12%

$192

CapEx

4%

$64

Vacancy

3%

$48

Maintenance

4%

$64

Other

11%

$176

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