• Airbnb
  • Long-Term
  • Mid-Term
  • New

Project Rental Revenue For Any Address

Long-Term Rental Analysis
6 Erwin Dr, Asheville, NC 28806
$335,0003 beds • 2 baths • 1196 sqft

This property looks like a bad Long-Term investment with a projected -5.13% first-year return on $70,350 initial cash invested.

Cash On Cash
-5.13%
Cap Rate
5.54%
Rent
$2,225
Cashflow
-$301
Rent Confidence:  High
Annual
$26,700
Median
$2,200
Avg
$2,226
Samples
25
Financing

Purchase Price  $335k
Downpayment  20.0%
Interest Rate  6.7%
Mortgage Duration  30yr.
Cash To Invest

Total  $70,350
Downpayment  20% $67,000
Closing costs  1% $3,350
Rehab  0% $0
Furnishing  0% $0
Cashflow

Total Income  $2,225
Total Expenses  $2,526
Mortgage P&I  78% $1,736
Property Taxes  4% $95
Home Insurance  5% $117
PManagement  10% $222
CapEx  5% $111
Vacancy  6% $134
Maintenance  5% $111
Other  0% $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
165 Tipperary Dr$22003212440.8 mi
2112 Wicklow Dr$185031.512470.4 mi
328 Sunset Dr$24003213441.4 mi
445 Oak Hill Dr$24003211623.6 mi
5140 Northbend Dr$235032.512002.6 mi
610 Newbridge Pkwy, # 61-106$19693211954.4 mi
710 Newbridge Pkwy, # 83-306$19693211954.4 mi
810 Newbridge Pkwy, # 29-206$19693211954.4 mi
910 Newbridge Pkwy, # 37-307$19693211954.4 mi
1010 Newbridge Pkwy, # 37-407$19693211954.4 mi
1162 Tipperary Dr$21003215680.8 mi
1259 Johnston Blvd$23003212324.3 mi
1312 Guinevere Ct$23003213503 mi
14180 Lees Creek Rd$2395321 mi
157 City Cove Ln$29503211604.5 mi
167 City Cv Ln$29503211594.5 mi
1740 Deaver Park Cir$17503211754.7 mi
18102 Estelle Park Dr$26003213123.7 mi
1914 Friendly Holw$22003211684.8 mi
20313 Westover Dr$21003211704.8 mi
21117 Estelle Park Dr$24953213353.5 mi
2219 Andy Angie Cir, Unit 32$18953210483.3 mi
239 Alex Breeze Way$18503212614.7 mi
24343 Camelia Ln$18753215681.8 mi
25118 Gillis Rd$28503215002.5 mi

Projections