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$8,628 (target)

602 Hidden Springs Dr, Asheville, NC 28804

3 beds • 3 baths • 3451 sqft

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This property might be a fair Mid-Term investment with a projected 7.41% first-year return on $181k initial cash invested.

7.41%

Cash On Cash

8.31%

Cap Rate

1.37

DSCR

$8,628

Rent

$1,115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,628 income − $7,513 expenses = $1,115 cash flow

Income$8,628Mortgage P&I$3,90445%Property Taxes$3985%Insurance$2783%Management$1,03512%CapEx$3454%Vacancy$2593%Maintenance$3454%Other$94911%Cash Flow$1,115

Investment Breakdown

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Purchase Price

$774k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$181k

Downpayment

20%

$155k

Closing costs

1%

$7,744

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$8,628

Total Expenses

$7,513

Mortgage P&I

45%

$3,904

Property Taxes

5%

$398

Home Insurance

3%

$278

HOA

0%

$0

Property Management

12%

$1,035

CapEx

4%

$345

Vacancy

3%

$259

Maintenance

4%

$345

Other

11%

$949

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