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$2,114 (target)

39 Spooks Branch Ext, Asheville, NC 28804

3 beds • 3 baths • 1501 sqft

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This property looks like a bad Long-Term investment with a projected -19.59% first-year return on $113k initial cash invested.

-19.59%

Cash On Cash

2.75%

Cap Rate

0.42

DSCR

$2,114

Rent

-$1,845

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,114 income − $3,959 expenses = $1,845 out of pocket

Income$2,114Out of Pocket$1,845Mortgage P&I$2,974141%Property Taxes$24311%Insurance$1929%Management$21110%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

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Purchase Price

$538k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$108k

Closing costs

1%

$5,383

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,114

Total Expenses

$3,959

Mortgage P&I

141%

$2,974

Property Taxes

11%

$243

Home Insurance

9%

$192

HOA

0%

$0

Property Management

10%

$211

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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