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1021 Congress Street, Portland, ME 04102

4 beds • 1 baths • 1817 sqft

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This property might be a fair Long-Term investment with a projected 5.6% first-year return on $53,550 initial cash invested.

5.6%

Cash On Cash

7.76%

Cap Rate

1.31

DSCR

$2,740

Rent

$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,740

Total Expenses

$2,490

Mortgage P&I

46%

$1,262

Property Taxes

16%

$427

Home Insurance

3%

$89

PManagement

10%

$274

CapEx

5%

$137

Vacancy

6%

$164

Maintenance

5%

$137

Other

0%

$0

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