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Long-Term Rental Analysis
122 Gertrude Avenue, Portland, ME 04103
$409,000 • 2 beds • 1 baths • 926 sqft

This property looks like a bad Long-Term investment with a projected -14.15% first-year return on $85,890 initial cash invested.

Cash On Cash
-14.15%
Cap Rate
3.74%
Rent
$2,224
Signal: Low
Cashflow
-$1,013
Financing
Purchase Price  $409k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $85,890
Downpayment  $81,800
Closing costs  $4,090
Rehab  $0
Furnishing  $0
Cashflow
Total Income  $2,224
Total Expenses  $3,237
Mortgage P&I  $2,177
Property Taxes  $340
Home Insurance  $143
PManagement  $222
CapEx  $111
Vacancy  $133
Maintenance  $111
Other  $0
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