REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

46 Label Avenue, Portland, ME 04103

4 beds • 2 baths • 1344 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.98% first-year return on $94,500 initial cash invested.

-6.98%

Cash On Cash

5.17%

Cap Rate

0.83

DSCR

$3,170

Rent

-$550

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,500

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,170

Total Expenses

$3,720

Mortgage P&I

74%

$2,330

Property Taxes

13%

$409

Home Insurance

5%

$158

PManagement

10%

$317

CapEx

5%

$158

Vacancy

6%

$190

Maintenance

5%

$158

Other

0%

$0

Google Maps with comparables properties is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

88 Hastings St, Portland, ME 04102

$2,860

4

1

1376

2 mi

142 Massachusetts Ave, Portland, ME 04102

$3,400

4

2

2.7 mi

18 Patricia Ln, Portland, ME 04103

$3,500

4

2

1906

2.3 mi

73 Newton St, Portland, ME 04103

$2,933

4

3

1928

0.7 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis