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48 Oteen Church Rd, Asheville, NC 28805

2 beds • 2 baths • 712 sqft

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This property looks like a bad Long-Term investment with a projected -11.22% first-year return on $68,040 initial cash invested.

-11.22%

Cash On Cash

3.68%

Cap Rate

0.64

DSCR

$1,550

Rent

-$636

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,040

Downpayment

20%

$64,800

Closing costs

1%

$3,240

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,550

Total Expenses

$2,186

Mortgage P&I

100%

$1,552

Property Taxes

8%

$117

Home Insurance

7%

$113

PManagement

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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