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4 Austin Dr, Asheville, NC 28805

3 beds • 3 baths • 2291 sqft

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This property looks like a bad Airbnb investment with a projected -6.65% first-year return on $112k initial cash invested.

-6.65%

Cash On Cash

4.5%

Cap Rate

0.78

DSCR

$3,658

Rent

-$623

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,900

Closing costs

1%

$4,495

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,658

Total Expenses

$4,281

Mortgage P&I

59%

$2,163

Property Taxes

5%

$201

Home Insurance

4%

$162

HOA

0%

$0

Property Management

15%

$549

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$914

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