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67 Overlook Rd, Asheville, NC 28803

3 beds • 2 baths • 1692 sqft

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This property looks like a bad Long-Term investment with a projected -4.67% first-year return on $73,479 initial cash invested.

-4.67%

Cash On Cash

5.16%

Cap Rate

0.9

DSCR

$2,290

Rent

-$286

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

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,290

Total Expenses

$2,576

Mortgage P&I

73%

$1,676

Property Taxes

8%

$184

Home Insurance

5%

$122

PManagement

10%

$229

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

6 Park Ave, Asheville, NC 28803

$2,950

3

2

1730

0.9 mi

48 Mountain Site Ln, Asheville, NC 28803

$2,095

3

2

1638

1 mi

77 Overlook Rd, Asheville, NC 28803

$2,400

3

2

1492

0.1 mi

1 Gatehouse Ct, Asheville, NC 28803

$1,850

3

2

1858

0.9 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

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