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364 State St, Asheville, NC 28806

2 beds • 1 baths • 754 sqft

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This property looks like a bad Long-Term investment with a projected -9.35% first-year return on $70,350 initial cash invested.

-9.35%

Cash On Cash

4.38%

Cap Rate

0.73

DSCR

$1,850

Rent

-$548

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,850

Total Expenses

$2,398

Mortgage P&I

91%

$1,678

Property Taxes

7%

$123

Home Insurance

6%

$117

PManagement

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

201 Riverview Dr, Asheville, NC 28806

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81 Deaver St, # A, Asheville, NC 28806

$2,200

2

1

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0.9 mi

72 Riverview Dr, Asheville, NC 28806

$2,100

2

1

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1 mi

13 Cross Pl, Asheville, NC 28801

$1,500

2

1

748

1.8 mi

104 W Rancho Del Cerro

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4

2

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1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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