• Airbnb
  • Long-Term
  • Mid-Term
  • New

Project Rental Revenue For Any Address

Long-Term Rental Analysis
83 Overlook Rd, Asheville, NC 28803
$450,0003 beds • 2 baths • 1860 sqft

This property looks like a bad Long-Term investment with a projected -15.1% first-year return on $94,500 initial cash invested.

Cash On Cash
-15.1%
Cap Rate
3.5%
Rent
$2,132
Cashflow
-$1,189
Rent Confidence:  High
Annual
$25,584
Median
$2,025
Avg
$2,059
Samples
25
Financing

Purchase Price  $450k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $94,500
Downpayment  20% $90,000
Closing costs  1% $4,500
Rehab  0% $0
Furnishing  0% $0
Cashflow

Total Income  $2,132
Total Expenses  $3,321
Mortgage P&I  112% $2,395
Property Taxes  10% $213
Home Insurance  7% $158
PManagement  10% $213
CapEx  5% $107
Vacancy  6% $128
Maintenance  5% $107
Other  0% $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
18 Gatehouse Ct$22003216271.5 mi
2170 Birch Ln$21953216162.5 mi
399 Pinners Cove Rd$22003220723 mi
41100 Palisades Cir, # 300-301$19753213830.8 mi
51100 Palisades Cir, # 400-303$19753213830.8 mi
61100 Palisades Cir, # 700-103$20353213830.8 mi
71100 Palisades Cir, # 300-103$20353213830.8 mi
81100 Palisades Cir, # 400-108$20253213030.8 mi
91100 Palisades Cir, # 800-306$19153213030.8 mi
101100 Palisades Cir, # 400-308$19153213030.8 mi
111100 Palisades Cir, # 300-108$20253213030.8 mi
121100 Palisades Cir, # 800-108$20253213030.8 mi
1312 Sky Exchange Dr, # 83-301$20013213541.6 mi
14165 Birch Ln, Unit A$1600322.5 mi
1523 Ascot Point Cir, # 10AP103$22953214563.2 mi
1612 Sky Exchange Dr, # 74-302$20353212641.6 mi
1712 Sky Exchange Dr, # 74-101$21563212641.6 mi
1812 Sky Exchange Dr, # 88-101$20723212641.6 mi
19204 Alpine Ridge Dr$199532.51.2 mi
2012 Sky Exchange Dr, # 65-202$19903212451.6 mi
2112 Sky Exchange Dr, # 65-102$22293212451.6 mi
2212 Sky Exchange Dr, # 83-117$19943212451.6 mi
2312 Sky Exchange Dr, # 83-102$21973212451.6 mi
2412 Sky Exchange Dr, # 83-202$19943212451.6 mi
2520 Manatee Ct$240032.51.3 mi

Projections