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641 Elk Mountain Scenic Hwy, Asheville, NC 28804
3 beds • 3 baths • 4137 sqft
$2,995,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -26.55% first-year return on $629k initial cash invested.
-26.55%
Cash On Cash
0.41%
Cap Rate
0.07
DSCR
$3,443
Rent
-$13,913
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$2995k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$629k
Downpayment
20%
$599k
Closing costs
1%
$29,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,443
Total Expenses
$17,356
Mortgage P&I
428%
$14,753
Property Taxes
19%
$660
Home Insurance
30%
$1,048
HOA
0%
$0
Property Management
10%
$344
CapEx
5%
$172
Vacancy
6%
$207
Maintenance
5%
$172
Other
0%
$0