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$8,182 (target)

43 Martindale Rd, Asheville, NC 28804

3 beds • 4 baths • 3191 sqft

$1,189,400

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This property looks like a bad Mid-Term investment with a projected -6.83% first-year return on $268k initial cash invested.

-6.83%

Cash On Cash

4.7%

Cap Rate

0.8

DSCR

$8,182

Rent

-$1,525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,182 income − $9,707 expenses = $1,525 out of pocket

Income$8,182Out of Pocket$1,525Mortgage P&I$5,85972%Property Taxes$6858%Insurance$3825%Management$98212%CapEx$3274%Vacancy$2453%Maintenance$3274%Other$90011%

Investment Breakdown

|

Purchase Price

$1189k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$268k

Downpayment

20%

$238k

Closing costs

1%

$11,894

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$8,182

Total Expenses

$9,707

Mortgage P&I

72%

$5,859

Property Taxes

8%

$685

Home Insurance

5%

$382

HOA

0%

$0

Property Management

12%

$982

CapEx

4%

$327

Vacancy

3%

$245

Maintenance

4%

$327

Other

11%

$900

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