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5 Sunny Ridge Dr, Asheville, NC 28804

3 beds • 2 baths • 1955 sqft

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This property looks like a bad Airbnb investment with a projected -11.14% first-year return on $144k initial cash invested.

-11.14%

Cash On Cash

3.6%

Cap Rate

0.61

DSCR

$4,115

Rent

-$1,336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,115 income − $5,451 expenses = $1,336 out of pocket

Income$4,115Out of Pocket$1,336Mortgage P&I$2,96872%Property Taxes$2717%Insurance$2366%Management$61715%CapEx$1654%Maintenance$1654%Other$1,02925%

Investment Breakdown

|

Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,993

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,115

Total Expenses

$5,451

Mortgage P&I

72%

$2,968

Property Taxes

7%

$271

Home Insurance

6%

$236

HOA

0%

$0

Property Management

15%

$617

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,029

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