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$3,171 (target)

39 Spooks Branch Ext, Asheville, NC 28804

3 beds • 3 baths • 1501 sqft

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This property looks like a bad Mid-Term investment with a projected -12.06% first-year return on $131k initial cash invested.

-12.06%

Cash On Cash

3.98%

Cap Rate

0.6

DSCR

$3,171

Rent

-$1,317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,171 income − $4,488 expenses = $1,317 out of pocket

Income$3,171Out of Pocket$1,317Mortgage P&I$2,97494%Property Taxes$2438%Insurance$1926%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34911%

Investment Breakdown

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Purchase Price

$538k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,383

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,171

Total Expenses

$4,488

Mortgage P&I

94%

$2,974

Property Taxes

8%

$243

Home Insurance

6%

$192

HOA

0%

$0

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

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