REI Lense

REI Lense

Unlock all features! Tap here to upgrade

5 Sunny Ridge Dr, Asheville, NC 28804

3 beds • 2 baths • 1955 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.44% first-year return on $144k initial cash invested.

-10.44%

Cash On Cash

3.78%

Cap Rate

0.64

DSCR

$4,276

Rent

-$1,251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,276 income − $5,527 expenses = $1,251 out of pocket

Income$4,276Out of Pocket$1,251Mortgage P&I$2,96869%Property Taxes$2716%Insurance$2366%Management$64115%CapEx$1714%Maintenance$1714%Other$1,06925%

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

$4,276

Total Expenses

$5,527

Mortgage P&I

69%

$2,968

Property Taxes

6%

$271

Home Insurance

6%

$236

HOA

0%

$0

Property Management

15%

$641

CapEx

4%

$171

Vacancy

0%

$0

Maintenance

4%

$171

Other

25%

$1,069

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis