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775 Olivette Rd, Asheville, NC 28804

3 beds • 2 baths • 1484 sqft

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This property looks like a bad Long-Term investment with a projected -7.19% first-year return on $80,829 initial cash invested.

-7.19%

Cash On Cash

4.61%

Cap Rate

0.8

DSCR

$2,260

Rent

-$484

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,829

Downpayment

20%

$76,980

Closing costs

1%

$3,849

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,260

Total Expenses

$2,744

Mortgage P&I

82%

$1,851

Property Taxes

8%

$170

Home Insurance

6%

$135

PManagement

10%

$226

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

917 Olivette Rd, Asheville, NC 28804

$2,450

3

2

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0.3 mi

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3

2

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2

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3

2

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1.9 mi

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4

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1.3 mi

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2

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0.9 mi

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$2,850

5

4

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0.6 mi

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$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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