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$4,334 (target)

10 Salem Court, Bangor, ME 04401

3 beds • 2 baths • 2063 sqft

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This property might be a fair Mid-Term investment with a projected 2.63% first-year return on $105k initial cash invested.

2.63%

Cash On Cash

7.29%

Cap Rate

1.19

DSCR

$4,334

Rent

$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,334 income − $4,104 expenses = $230 cash flow

Income$4,334Mortgage P&I$2,10949%Property Taxes$3739%Insurance$1493%Management$52012%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47711%Cash Flow$230

Investment Breakdown

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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

$4,334

Total Expenses

$4,104

Mortgage P&I

49%

$2,109

Property Taxes

9%

$373

Home Insurance

3%

$149

HOA

0%

$0

Property Management

12%

$520

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$477

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