REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,259 (target)

581 Old Leicester Hwy, Asheville, NC 28806

3 beds • 2 baths • 1901 sqft

Email

This property looks like a bad Long-Term investment with a projected -16.25% first-year return on $121k initial cash invested.

-16.25%

Cash On Cash

2.81%

Cap Rate

0.47

DSCR

$2,259

Rent

-$1,634

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,259 income − $3,893 expenses = $1,634 out of pocket

Income$2,259Out of Pocket$1,634Mortgage P&I$2,864127%Property Taxes$23110%Insurance$2109%Management$22610%CapEx$1135%Vacancy$1366%Maintenance$1135%

Investment Breakdown

|

Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$115k

Closing costs

1%

$5,745

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,259

Total Expenses

$3,893

Mortgage P&I

127%

$2,864

Property Taxes

10%

$231

Home Insurance

9%

$210

HOA

0%

$0

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis