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32 Merion Dr, Asheville, NC 28806

1 beds • 1 baths • 629 sqft

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This property looks like a bad Long-Term investment with a projected -13.76% first-year return on $69,930 initial cash invested.

-13.76%

Cash On Cash

3.31%

Cap Rate

0.56

DSCR

$1,490

Rent

-$802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,930

Downpayment

20%

$66,600

Closing costs

1%

$3,330

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,490

Total Expenses

$2,292

Mortgage P&I

111%

$1,647

Property Taxes

10%

$142

Home Insurance

8%

$117

PManagement

10%

$149

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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$2,850

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0.6 mi

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