REI LenseREI Lense
  • Airbnb
  • Long-Term
  • Mid-Term
Long-Term Rental Analysis
122 Gertrude Avenue, Portland, ME 04103
$409,0002 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
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
11375 Forest Ave, Apt B05$2224219501.5 mi
21375 Forest Ave, # 4$2264219501.5 mi
31375 Forest Ave, # 5$2224219501.5 mi
41500 Forest Ave, Apt 1A$1650219501.8 mi
51500 Forest Ave$1650219501.8 mi
614B Carriage Ln$1895218501.2 mi
71350 Forest Ave, Apt 30$1890219901.7 mi
886 Walton St$1785219502.4 mi
974 Hawthorne St$2168219002.7 mi
101375 Forest Ave, # 2$1725218251.5 mi
11112 Tucker Ave$29502110082.3 mi
12523 Washington Ave, # 525-2$2495219912.9 mi
1337 Villa Rd, # 37$2100219003.7 mi
1455 Pitt St, Apt 6$2400219003.9 mi
15942 Washington Ave$2800217501.4 mi
1663 Revere St, Apt 3$20352110003.3 mi
17245 Brighton Ave, Unit 3$2500218863.9 mi
1876 Woodlawn Ave$19002112001.2 mi
1917 Summit St, Unit 2$21502112501 mi
2045 Sawyer St, Unit 1$29002111002.7 mi
21100 Clearwater Dr, Unit 36$2650218584.1 mi
22100 Clearwater Dr, Unit 46$2650218584.1 mi
23100 Clearwater Dr, Unit 97$2600218584.1 mi
24100 Clearwater Dr, Unit 16$2350218584.1 mi
25100 Clearwater Dr, Unit 42$2400218584.1 mi