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15 Castine Avenue, Portland, ME 04103

3 beds • 1 baths • 1200 sqft

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This property looks like a bad Long-Term investment with a projected -9.56% first-year return on $94,500 initial cash invested.

-9.56%

Cash On Cash

4.83%

Cap Rate

$2,910

Rent

-$753

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,500

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,910

Total Expenses

$3,663

Mortgage P&I

83%

$2,418

Property Taxes

11%

$329

Home Insurance

5%

$158

PManagement

10%

$291

CapEx

5%

$146

Vacancy

6%

$175

Maintenance

5%

$146

Other

0%

$0

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Distance

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1

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3

1

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3

1.5

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1.7 mi

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4

2

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1.3 mi

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2

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0.9 mi

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$2,850

5

4

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0.6 mi

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2

1

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$2,850

5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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