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30 Top Of The Mountain Rd, Hendersonville, NC 28739
3 beds • 2 baths • 1546 sqft
$475,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -13.92% first-year return on $118k initial cash invested.
-13.92%
Cash On Cash
2.8%
Cap Rate
0.47
DSCR
$2,464
Rent
-$1,366
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,464 income − $3,830 expenses = $1,366 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$95,000
Closing costs
1%
$4,750
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,464
Total Expenses
$3,830
Mortgage P&I
96%
$2,374
Property Taxes
4%
$106
Home Insurance
7%
$166
HOA
0%
$0
Property Management
15%
$370
CapEx
4%
$99
Vacancy
0%
$0
Maintenance
4%
$99
Other
25%
$616