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169 Ray Street, Portland, ME 04103

3 beds • 2 baths • 1626 sqft

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This property looks like a bad Long-Term investment with a projected -10.29% first-year return on $104k initial cash invested.

-10.29%

Cash On Cash

4.3%

Cap Rate

$3,050

Rent

-$891

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$99,000

Closing costs

1%

$4,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,050

Total Expenses

$3,941

Mortgage P&I

82%

$2,513

Property Taxes

15%

$463

Home Insurance

6%

$173

PManagement

10%

$305

CapEx

5%

$152

Vacancy

6%

$183

Maintenance

5%

$152

Other

0%

$0

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2

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$2,850

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