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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 Mid-Term investment with a projected -24.21% first-year return on $647k initial cash invested.
-24.21%
Cash On Cash
0.76%
Cap Rate
0.13
DSCR
$5,164
Rent
-$13,054
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
$647k
Downpayment
20%
$599k
Closing costs
1%
$29,950
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$5,164
Total Expenses
$18,218
Mortgage P&I
286%
$14,753
Property Taxes
13%
$660
Home Insurance
20%
$1,048
HOA
0%
$0
Property Management
12%
$620
CapEx
4%
$207
Vacancy
3%
$155
Maintenance
4%
$207
Other
11%
$568