REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

72 Mills Gap Rd, Asheville, NC 28803

1 beds • 1 baths • 697 sqft

Email

This property looks like a bad Long-Term investment with a projected -14.58% first-year return on $68,250 initial cash invested.

-14.58%

Cash On Cash

3.36%

Cap Rate

0.55

DSCR

$1,400

Rent

-$829

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,400

Total Expenses

$2,229

Mortgage P&I

119%

$1,669

Property Taxes

6%

$82

Home Insurance

8%

$114

PManagement

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

Google Maps with comparables properties is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

136 Mills Gap Rd, Asheville, NC 28803

$1,900

2

1

848

0.3 mi

80 E Cascade St, Arden, NC 28704

$1,650

2

1

840

1.2 mi

15 Casteel Ln, Asheville, NC 28803

$1,350

2

1

0.1 mi

99 Turtle Creek Dr, Asheville, NC 28803

$1,163

1

1

686

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

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis