REI Lense

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$2,817 (target)

31 Surrey Run, Asheville, NC 28803

3 beds • 3 baths • 1790 sqft

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This property looks like a bad Long-Term investment with a projected -11.19% first-year return on $120k initial cash invested.

-11.19%

Cash On Cash

3.81%

Cap Rate

0.65

DSCR

$2,817

Rent

-$1,116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,817 income − $3,933 expenses = $1,116 out of pocket

Income$2,817Out of Pocket$1,116Mortgage P&I$2,78599%Property Taxes$1556%Insurance$2007%HOA$602%Management$28210%CapEx$1415%Vacancy$1696%Maintenance$1415%

Investment Breakdown

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Purchase Price

$570k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$114k

Closing costs

1%

$5,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,817

Total Expenses

$3,933

Mortgage P&I

99%

$2,785

Property Taxes

6%

$155

Home Insurance

7%

$200

HOA

2%

$60

Property Management

10%

$282

CapEx

5%

$141

Vacancy

6%

$169

Maintenance

5%

$141

Other

0%

$0

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