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37 Sixth Street, Portland, ME 04103

3 beds • 2 baths • 1720 sqft

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This property looks like a bad Long-Term investment with a projected -9.43% first-year return on $116k initial cash invested.

-9.43%

Cash On Cash

4.38%

Cap Rate

0.73

DSCR

$3,460

Rent

-$908

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,460

Total Expenses

$4,368

Mortgage P&I

79%

$2,743

Property Taxes

15%

$533

Home Insurance

6%

$192

PManagement

10%

$346

CapEx

5%

$173

Vacancy

6%

$208

Maintenance

5%

$173

Other

0%

$0

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2

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5

4

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2

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5

4

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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