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51 Mount Carmel Dr, Asheville, NC 28806

3 beds • 2 baths • 1114 sqft

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This property looks like a bad Long-Term investment with a projected -8.47% first-year return on $74,550 initial cash invested.

-8.47%

Cash On Cash

4.93%

Cap Rate

$2,130

Rent

-$526

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,550

Downpayment

20%

$71,000

Closing costs

1%

$3,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,130

Total Expenses

$2,656

Mortgage P&I

88%

$1,878

Property Taxes

5%

$101

Home Insurance

6%

$124

PManagement

10%

$213

CapEx

5%

$106

Vacancy

6%

$128

Maintenance

5%

$106

Other

0%

$0

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Beds

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Distance

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3

2

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4

2

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1.3 mi

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2

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5

4

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2

1

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5

4

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0.6 mi

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$1,100

2

1

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$2,850

5

4

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0.6 mi

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