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24 Celebration Court #13, Portland, ME 04102

2 beds • 3 baths • 1790 sqft

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This property looks like a bad Long-Term investment with a projected -14.3% first-year return on $104k initial cash invested.

-14.3%

Cash On Cash

3.44%

Cap Rate

0.56

DSCR

$2,870

Rent

-$1,239

Cashflow

$28,560

Annual

$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

$2,870

Total Expenses

$4,109

Mortgage P&I

88%

$2,513

Property Taxes

14%

$396

Home Insurance

6%

$173

HOA

10%

$280

PManagement

10%

$287

CapEx

5%

$144

Vacancy

6%

$172

Maintenance

5%

$144

Other

0%

$0

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