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98 Rock Cliff Way, Hendersonville, NC 28791

3 beds • 3 baths • 4164 sqft

$1,437,000

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This property looks like a bad Mid-Term investment with a projected -17.83% first-year return on $320k initial cash invested.

-17.83%

Cash On Cash

2.09%

Cap Rate

0.36

DSCR

$5,120

Rent

-$4,751

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1437k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$320k

Downpayment

20%

$287k

Closing costs

1%

$14,370

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,120

Total Expenses

$9,871

Mortgage P&I

138%

$7,051

Property Taxes

7%

$371

Home Insurance

10%

$525

HOA

4%

$183

Property Management

12%

$614

CapEx

4%

$205

Vacancy

3%

$154

Maintenance

4%

$205

Other

11%

$563

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