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This property looks like a bad Long-Term investment with a projected -6.22% first-year return on $73,500 initial cash invested.
-6.22%
Cash On Cash
5.24%
Cap Rate
0.85
DSCR
$2,210
Rent
-$381
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,210
Total Expenses
$2,591
Mortgage P&I
81%
$1,798
Property Taxes
4%
$97
Home Insurance
6%
$122
PManagement
10%
$221
CapEx
5%
$110
Vacancy
6%
$133
Maintenance
5%
$110
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|
7 Browndale Rd, Asheville, NC 28805 | $2,500 | 3 | 2 | 1159 | 1 mi |
20 Pleasant Ridge Dr, Asheville, NC 28805 | $2,200 | 3 | 2 | 1146 | 1.2 mi |
116 Arnold Rd, Asheville, NC 28805 | $1,850 | 3 | 2 | 1300 | 1.2 mi |
209 Old Haw Creek Rd, Asheville, NC 28805 | $2,800 | 3 | 2 | 1360 | 0.7 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality