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349 Gorman Bridge Rd, Asheville, NC 28806

3 beds • 2 baths • 1129 sqft

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This property looks like a bad Long-Term investment with a projected -8.91% first-year return on $81,900 initial cash invested.

-8.91%

Cash On Cash

4.2%

Cap Rate

0.73

DSCR

$1,980

Rent

-$608

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,900

Downpayment

20%

$78,000

Closing costs

1%

$3,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,980

Total Expenses

$2,588

Mortgage P&I

95%

$1,875

Property Taxes

3%

$62

Home Insurance

7%

$136

PManagement

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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1

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$2,850

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