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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 Long-Term investment with a projected -22.29% first-year return on $302k initial cash invested.

-22.29%

Cash On Cash

1.35%

Cap Rate

0.23

DSCR

$3,413

Rent

-$5,605

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

$302k

Downpayment

20%

$287k

Closing costs

1%

$14,370

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,413

Total Expenses

$9,018

Mortgage P&I

207%

$7,051

Property Taxes

11%

$371

Home Insurance

15%

$525

HOA

5%

$183

Property Management

10%

$341

CapEx

5%

$171

Vacancy

6%

$205

Maintenance

5%

$171

Other

0%

$0

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