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$5,544 (target)

5 Meadow Ridge Dr, Asheville, NC 28804

3 beds • 4 baths • 3616 sqft

$2,089,600

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This property looks like a bad Long-Term investment with a projected -22.09% first-year return on $439k initial cash invested.

-22.09%

Cash On Cash

1.62%

Cap Rate

0.27

DSCR

$5,544

Rent

-$8,078

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,544 income − $13,622 expenses = $8,078 out of pocket

Income$5,544Out of Pocket$8,078Mortgage P&I$10,626192%Property Taxes$71713%Insurance$78814%HOA$501%Management$55410%CapEx$2775%Vacancy$3336%Maintenance$2775%

Investment Breakdown

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Purchase Price

$2090k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$439k

Downpayment

20%

$418k

Closing costs

1%

$20,896

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,544

Total Expenses

$13,622

Mortgage P&I

192%

$10,626

Property Taxes

13%

$717

Home Insurance

14%

$788

HOA

1%

$50

Property Management

10%

$554

CapEx

5%

$277

Vacancy

6%

$333

Maintenance

5%

$277

Other

0%

$0

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