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$2,613 (target)

47 Norway Road, Bangor, ME 04401

3 beds • 2 baths • 1927 sqft

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This property looks like a bad Long-Term investment with a projected -7.36% first-year return on $81,312 initial cash invested.

-7.36%

Cash On Cash

4.69%

Cap Rate

0.8

DSCR

$2,613

Rent

-$499

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,613 income − $3,112 expenses = $499 out of pocket

Income$2,613Out of Pocket$499Mortgage P&I$1,88172%Property Taxes$41116%Insurance$1405%Management$26110%CapEx$1315%Vacancy$1576%Maintenance$1315%

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,312

Downpayment

20%

$77,440

Closing costs

1%

$3,872

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,613

Total Expenses

$3,112

Mortgage P&I

72%

$1,881

Property Taxes

16%

$411

Home Insurance

5%

$140

HOA

0%

$0

Property Management

10%

$261

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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