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8 Hickory Ln, Asheville, NC 28804

3 beds • 0 baths • 1536 sqft

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This property looks like a bad Long-Term investment with a projected -13.06% first-year return on $108k initial cash invested.

-13.06%

Cash On Cash

3.3%

Cap Rate

0.57

DSCR

$2,310

Rent

-$1,178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$516k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,155

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,310

Total Expenses

$3,488

Mortgage P&I

107%

$2,479

Property Taxes

10%

$227

Home Insurance

8%

$180

PManagement

10%

$231

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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