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1000 Washington Avenue, Portland, ME 04103

4 beds • 2 baths • 2983 sqft

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This property looks like a bad Long-Term investment with a projected -19.16% first-year return on $168k initial cash invested.

-19.16%

Cash On Cash

2.62%

Cap Rate

$3,440

Rent

-$2,682

Cashflow

-8.72

Cach on Cash

4.92%

Cap Rate

$3.477

Rent

-%822

Cashflow

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Investment Breakdown

Financing

Purchase Price

$800k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$160k

Closing costs

1%

$7,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,440

Total Expenses

$6,122

Mortgage P&I

124%

$4,257

Property Taxes

20%

$691

Home Insurance

8%

$280

PManagement

10%

$344

CapEx

5%

$172

Vacancy

6%

$206

Maintenance

5%

$172

Other

0%

$0

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