REI Lense

REI Lense

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$4,398 (target)

42 Sumac Street, Portland, ME 04103

3 beds • 2 baths • 1573 sqft

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This property looks like a bad Mid-Term investment with a projected -4.23% first-year return on $136k initial cash invested.

-4.23%

Cash On Cash

5.18%

Cap Rate

0.89

DSCR

$4,398

Rent

-$481

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$564k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$113k

Closing costs

1%

$5,642

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,398

Total Expenses

$4,879

Mortgage P&I

62%

$2,740

Property Taxes

10%

$457

Home Insurance

4%

$186

HOA

0%

$0

Property Management

12%

$528

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$484

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