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Long-Term Rental Analysis
210 Summit Street, Portland, ME 04103
$420,0003 beds • 1 baths • 1408 sqft

This property looks like a bad Long-Term investment with a projected -8.67% first-year return on $88,200 initial cash invested.

Cash On Cash
-8.67%
Cap Rate
4.97%
Rent
$2,850
Signal: High
Cashflow
-$637
Financing

Purchase Price  $420k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $88,200
Downpayment  $84,000
Closing costs  $4,200
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $2,850
Total Expenses  $3,487
Mortgage P&I  $2,235
Property Taxes  $365
Home Insurance  $147
PManagement  $285
CapEx  $142
Vacancy  $171
Maintenance  $142
Other  $0
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