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8 White Ave, Asheville, NC 28803

2 beds • 1 baths • 870 sqft

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This property might be a fair Long-Term investment with a projected 2.9% first-year return on $41,370 initial cash invested.

2.9%

Cash On Cash

7.22%

Cap Rate

$1,720

Rent

$100

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$197k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,370

Downpayment

20%

$39,400

Closing costs

1%

$1,970

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,720

Total Expenses

$1,620

Mortgage P&I

58%

$1,000

Property Taxes

6%

$104

Home Insurance

4%

$69

PManagement

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

44 Jeffress Ave, Asheville, NC 28803

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2

1

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0.3 mi

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$1,795

2

1

840

1 mi

41 Jeffress Ave, Asheville, NC 28803

$1,675

2

1

790

0.2 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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