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334 Mills Gap Rd, Asheville, NC 28803

3 beds • 2 baths • 1121 sqft

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This property looks like a bad Long-Term investment with a projected -6.12% first-year return on $74,550 initial cash invested.

-6.12%

Cash On Cash

4.82%

Cap Rate

0.84

DSCR

$2,080

Rent

-$380

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,550

Downpayment

20%

$71,000

Closing costs

1%

$3,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,080

Total Expenses

$2,460

Mortgage P&I

82%

$1,703

Property Taxes

4%

$92

Home Insurance

6%

$124

PManagement

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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