REI Lense

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$4,274 (target)

5 Sunny Ridge Dr, Asheville, NC 28804

3 beds • 2 baths • 1955 sqft

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This property looks like a bad Mid-Term investment with a projected -5.46% first-year return on $144k initial cash invested.

-5.46%

Cash On Cash

4.98%

Cap Rate

0.84

DSCR

$4,274

Rent

-$654

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,274 income − $4,928 expenses = $654 out of pocket

Income$4,274Out of Pocket$654Mortgage P&I$2,96869%Property Taxes$2716%Insurance$2366%Management$51312%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47011%

Investment Breakdown

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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

$4,274

Total Expenses

$4,928

Mortgage P&I

69%

$2,968

Property Taxes

6%

$271

Home Insurance

6%

$236

HOA

0%

$0

Property Management

12%

$513

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$470

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