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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 -14.45% first-year return on $94,500 initial cash invested.

Cash On Cash
-14.45%
Cap Rate
3.65%
Rent
$2,200
Signal: High
Cashflow
-$1,138
Financing

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

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

Total Income  $2,200
Total Expenses  $3,338
Mortgage P&I  $2,395
Property Taxes  $213
Home Insurance  $158
PManagement  $220
CapEx  $110
Vacancy  $132
Maintenance  $110
Other  $0
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