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349 Gorman Bridge Rd, Asheville, NC 28806

2 beds • 1 baths • 740 sqft

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This property looks like a bad Long-Term investment with a projected -13.18% first-year return on $73,500 initial cash invested.

-13.18%

Cash On Cash

3.56%

Cap Rate

0.59

DSCR

$1,540

Rent

-$807

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

6.5%

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

$1,540

Total Expenses

$2,347

Mortgage P&I

115%

$1,769

Property Taxes

4%

$56

Home Insurance

8%

$122

PManagement

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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