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72 Mills Gap Rd, Asheville, NC 28803

1 beds • 1 baths • 697 sqft

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This property looks like a bad Long-Term investment with a projected -15.83% first-year return on $72,450 initial cash invested.

-15.83%

Cash On Cash

3.31%

Cap Rate

$1,460

Rent

-$956

Cashflow

-8.72

Cach on Cash

4.92%

Cap Rate

$3.477

Rent

-%822

Cashflow

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Investment Breakdown

Financing

Purchase Price

$345k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,460

Total Expenses

$2,416

Mortgage P&I

126%

$1,836

Property Taxes

5%

$79

Home Insurance

8%

$121

PManagement

10%

$146

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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