REI Lense

REI Lense

Unlock all features! Tap here to upgrade

10 Salem Court, Bangor, ME 04401

3 beds • 2 baths • 2063 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.8% first-year return on $105k initial cash invested.

-14.8%

Cash On Cash

2.67%

Cap Rate

0.44

DSCR

$2,574

Rent

-$1,293

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,574 income − $3,867 expenses = $1,293 out of pocket

Income$2,574Out of Pocket$1,293Mortgage P&I$2,10982%Property Taxes$37314%Insurance$1496%Management$38615%CapEx$1034%Maintenance$1034%Other$64425%

Investment Breakdown

|

Purchase Price

$413k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,680

Closing costs

1%

$4,134

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,574

Total Expenses

$3,867

Mortgage P&I

82%

$2,109

Property Taxes

14%

$373

Home Insurance

6%

$149

HOA

0%

$0

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$644

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis