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Project Rental Revenue For Any Address

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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 -14.71% first-year return on $85,890 initial cash invested.

Cash On Cash
-14.71%
Cap Rate
3.61%
Rent
$2,170
Cashflow
-$1,053
Rent Confidence:  High
Annual
$26,040
Median
$2,224
Avg
$2,175
Samples
25
Financing
Purchase Price  $409k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $85,890
Downpayment  20% $81,800
Closing costs  1% $4,090
Rehab  0% $0
Furnishing  0% $0
Cashflow
Total Income  $2,170
Total Expenses  $3,223
Mortgage P&I  100% $2,177
Property Taxes  16% $340
Home Insurance  7% $143
PManagement  10% $217
CapEx  5% $108
Vacancy  6% $130
Maintenance  5% $108
Other  0% $0
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#Comparable PropertyRentBedsBathsSQFTDistance
11375 Forest Ave, Apt B05$2224219501.5 mi
21500 Forest Ave$1595219501.8 mi
31500 Forest Ave, Apt 1A$1650219501.8 mi
414B Carriage Ln$1895218501.2 mi
5326 Auburn St, Apt 28$1550218501.4 mi
61350 Forest Ave, Apt 30$1890219901.7 mi
786 Walton St$1785219502.4 mi
81375 Forest Ave, # 5$1616218251.5 mi
9112 Tucker Ave$29502110082.3 mi
10523 Washington Ave, # 525-2$2495219912.9 mi
1110 Beacon St, # 6$2600219203.9 mi
1237 Villa Rd, # 37$2100219003.7 mi
13221 Woodford St, Apt 1$17002110003.2 mi
14221 Woodford St, Apt 9$17002110003.2 mi
15305 Brook St$1995219003.9 mi
1655 Pitt St, Apt 6$2400219003.9 mi
17942 Washington Ave$2800217501.4 mi
1863 Revere St, Apt 3$20352110003.3 mi
19245 Brighton Ave, Unit 3$2500218863.9 mi
20100 Clearwater Dr, Unit 46$2650218584.1 mi
21100 Clearwater Dr, Unit 36$2500218584.1 mi
22100 Clearwater Dr, Unit 97$2600218584.1 mi
23100 Clearwater Dr, Unit 16$2350218584.1 mi
24100 Clearwater Dr, Unit 42$2400218584.1 mi
25100 Clearwater Dr, Unit 19$2400218584.1 mi

Projections