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15-17 Russell Street, Portland, ME 04102

6 beds • 2 baths • 2209 sqft

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This property could be a profitable Airbnb investment with a projected 46.95% first-year return on $136k initial cash invested.

46.95%

Cash On Cash

21.12%

Cap Rate

3.49

DSCR

$16,332

Rent

$5,311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

8%

$36,000

Cashflow

Total Income

$16,332

Total Expenses

$11,021

Mortgage P&I

15%

$2,396

Property Taxes

4%

$620

Home Insurance

1%

$166

HOA

0%

$0

Property Management

15%

$2,450

CapEx

4%

$653

Vacancy

0%

$0

Maintenance

4%

$653

Other

25%

$4,083

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