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Long-Term Rental Analysis
22 Hillcrest Avenue, Portland, ME 04102
$399,0003 beds • 1 baths • 1136 sqft

This property looks like a bad Long-Term investment with a projected -11.19% first-year return on $83,790 initial cash invested.

Cash On Cash
-11.19%
Cap Rate
4.43%
Rent
$2,610
Cashflow
-$781
Rent Confidence:  High
Annual
$31,320
Median
$2,800
Avg
$2,605
Samples
25
Financing

Purchase Price  $399k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $83,790
Downpayment  $79,800
Closing costs  $3,990
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $2,610
Total Expenses  $3,391
Mortgage P&I  $2,124
Property Taxes  $449
Home Insurance  $140
PManagement  $261
CapEx  $130
Vacancy  $157
Maintenance  $130
Other  $0
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