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304 Old Haw Creek Rd, Asheville, NC 28805

2 beds • 2 baths • 1519 sqft

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This property looks like a bad Long-Term investment with a projected -10.69% first-year return on $73,500 initial cash invested.

-10.69%

Cash On Cash

4.45%

Cap Rate

0.7

DSCR

$2,060

Rent

-$655

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,060

Total Expenses

$2,715

Mortgage P&I

90%

$1,850

Property Taxes

10%

$207

Home Insurance

6%

$122

PManagement

10%

$206

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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Comparable Property

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Beds

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Distance

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2

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$1,100

2

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$2,850

5

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