REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

516 Lafayette Ave, Asheville, NC 28805

3 beds • 2 baths • 1290 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.95% first-year return on $99,900 initial cash invested.

-7.95%

Cash On Cash

4.34%

Cap Rate

0.72

DSCR

$2,914

Rent

-$662

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,900

Downpayment

20%

$78,000

Closing costs

1%

$3,900

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,914

Total Expenses

$3,576

Mortgage P&I

67%

$1,955

Property Taxes

3%

$86

Home Insurance

5%

$136

HOA

0%

$0

Property Management

15%

$437

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$728

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Mountain Abode~10 Mins to Downtown AVL~Sleeps 6

$2,376

$186

3

2

0.39 mi

3/2.5 Renovated House - Monthly Rates Available

$1,303

$102

3

2.5

0.49 mi

Rustic cabin 15 minutes from downtown Asheville!

$2,466

$193

3

2

0.75 mi

Spacious Cabin w/ Pool Table

$3,922

$307

3

2

0.26 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis