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48 Springvale Ave, Asheville, NC 28803

1 beds • 1 baths • 788 sqft

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This property looks like a bad Long-Term investment with a projected -4.91% first-year return on $47,166 initial cash invested.

-4.91%

Cash On Cash

5.27%

Cap Rate

0.89

DSCR

$1,500

Rent

-$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,166

Downpayment

20%

$44,920

Closing costs

1%

$2,246

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,500

Total Expenses

$1,693

Mortgage P&I

74%

$1,105

Property Taxes

5%

$72

Home Insurance

8%

$126

HOA

0%

$0

Property Management

10%

$150

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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Comparable Property

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Distance

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

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