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831 Red Bank Rd, Waynesville, NC 28786

3 beds • 3 baths • 2140 sqft

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This property looks like a bad Mid-Term investment with a projected -13.45% first-year return on $170k initial cash invested.

-13.45%

Cash On Cash

2.86%

Cap Rate

0.49

DSCR

$3,064

Rent

-$1,908

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$725k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$145k

Closing costs

1%

$7,250

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,064

Total Expenses

$4,972

Mortgage P&I

115%

$3,511

Property Taxes

5%

$164

Home Insurance

8%

$254

HOA

0%

$0

Property Management

12%

$368

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$337

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