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187 Congress Street, Portland, ME 04101

3 beds • 1 baths • 1519 sqft

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This property looks like a bad Long-Term investment with a projected -17.31% first-year return on $123k initial cash invested.

-17.31%

Cash On Cash

2.43%

Cap Rate

0.42

DSCR

$2,440

Rent

-$1,772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$585k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$117k

Closing costs

1%

$5,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,440

Total Expenses

$4,212

Mortgage P&I

116%

$2,834

Property Taxes

22%

$539

Home Insurance

8%

$205

PManagement

10%

$244

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

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