REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,468 (target)

505 Pole Creasman Rd, Asheville, NC 28806

3 beds • 3 baths • 2186 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.52% first-year return on $153k initial cash invested.

-5.52%

Cash On Cash

5.13%

Cap Rate

0.84

DSCR

$4,468

Rent

-$706

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,468 income − $5,174 expenses = $706 out of pocket

Income$4,468Out of Pocket$706Mortgage P&I$3,28674%Property Taxes$1433%Insurance$2265%Management$53612%CapEx$1794%Vacancy$1343%Maintenance$1794%Other$49111%

Investment Breakdown

|

Purchase Price

$645k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$129k

Closing costs

1%

$6,450

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,468

Total Expenses

$5,174

Mortgage P&I

74%

$3,286

Property Taxes

3%

$143

Home Insurance

5%

$226

HOA

0%

$0

Property Management

12%

$536

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$491

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis