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$4,056 (target)

320 Summerset Dr, Hendersonville, NC 28792

3 beds • 4 baths • 3158 sqft

$1,528,300

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This property looks like a bad Long-Term investment with a projected -22.77% first-year return on $321k initial cash invested.

-22.77%

Cash On Cash

1.48%

Cap Rate

0.24

DSCR

$4,056

Rent

-$6,091

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,056 income − $10,147 expenses = $6,091 out of pocket

Income$4,056Out of Pocket$6,091Mortgage P&I$7,771192%Property Taxes$50012%Insurance$55814%HOA$2636%Management$40610%CapEx$2035%Vacancy$2436%Maintenance$2035%

Investment Breakdown

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Purchase Price

$1528k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$321k

Downpayment

20%

$306k

Closing costs

1%

$15,283

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,056

Total Expenses

$10,147

Mortgage P&I

192%

$7,771

Property Taxes

12%

$500

Home Insurance

14%

$558

HOA

6%

$263

Property Management

10%

$406

CapEx

5%

$203

Vacancy

6%

$243

Maintenance

5%

$203

Other

0%

$0

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