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403 Thunder Mountain Rd, Hendersonville, NC 28792
3 beds • 3 baths • 2717 sqft
$1,222,700
View on ZillowThis property looks like a bad Mid-Term investment with a projected -17.02% first-year return on $275k initial cash invested.
-17.02%
Cash On Cash
2.34%
Cap Rate
0.39
DSCR
$5,092
Rent
-$3,896
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,092 income − $8,988 expenses = $3,896 out of pocket
Investment Breakdown
|
Purchase Price
$1223k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$275k
Downpayment
20%
$245k
Closing costs
1%
$12,227
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$5,092
Total Expenses
$8,988
Mortgage P&I
119%
$6,076
Property Taxes
9%
$471
Home Insurance
9%
$446
HOA
5%
$263
Property Management
12%
$611
CapEx
4%
$204
Vacancy
3%
$153
Maintenance
4%
$204
Other
11%
$560