REI LenseREI Lense
  • Airbnb
  • Long-Term
  • Mid-Term
View on Zillow
Long-Term Rental Analysis
162 Rowe Avenue, Portland, ME 04102
$425,000 • 3 beds • 4 baths • 1318 sqft

This property looks like a bad Long-Term investment with a projected -7.99% first-year return on $89,250 initial cash invested.

Cash On Cash
-7.99%
Cap Rate
5.12%
Rent
$2,891
Cashflow
-$594
Rent Confidence:  High
Annual
$34,692
Median
$2,843
Avg
$2,891
Samples
25
Financing
Purchase Price  $425k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $89,250
Downpayment  $85,000
Closing costs  $4,250
Rehab  $0
Furnishing  $0
Cashflow
Total Income  $2,891
Total Expenses  $3,485
Mortgage P&I  $2,262
Property Taxes  $322
Home Insurance  $149
PManagement  $289
CapEx  $145
Vacancy  $173
Maintenance  $145
Other  $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
1195 Pleasant Ave, # 195$42003317002.2 mi
221 Mayfield St, # 2$30003213002.9 mi
321 Mayfield St$28003213002.9 mi
417 Partridge Rd$14003215560.8 mi
562 Macarthur Cir E, # 86$27853213603.5 mi
662 Macarthur Cir E, # 88$28603213603.5 mi
762 Macarthur Cir E, # 73$28353213603.5 mi
862 Macarthur Cir E, # 92$28353213603.5 mi
962 Macarthur Cir E, # 83$28803213603.5 mi
1062 Macarthur Cir E, # 59$28803213603.5 mi
1162 Macarthur Cir E, # 64$29103213603.5 mi
1262 Macarthur Cir E, # 68$31553213603.5 mi
1362 Macarthur Cir E, # 79$31103213603.5 mi
1462 Macarthur Cir E, # 49$27643213603.5 mi
1562 Macarthur Cir E, # 51$28433213603.5 mi
1662 Macarthur Cir E, # 72$24843213603.5 mi
1762 Macarthur Cir E, # 01-059$25743213603.5 mi
1862 Macarthur Cir E, # 01-049$24793213603.5 mi
1962 Macarthur Cir E, # 01-072$25743213603.5 mi
2043 Redlon Park Rd$45003320881.7 mi
2177 William St, # 1$32003212003.2 mi
2262 Macarthur Cir E, # 66$27853214603.5 mi
2362 Macarthur Cir E, # 81$29953214603.5 mi
2462 Macarthur Cir E, # 90$29603214603.5 mi
2562 Macarthur Cir E, # 57$24593214603.5 mi