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$3,920 (target)

47 Norway Road, Bangor, ME 04401

3 beds • 2 baths • 1927 sqft

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This property might be a fair Mid-Term investment with a projected 1.87% first-year return on $99,312 initial cash invested.

1.87%

Cash On Cash

6.8%

Cap Rate

1.17

DSCR

$3,920

Rent

$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,920 income − $3,765 expenses = $155 cash flow

Income$3,920Mortgage P&I$1,88148%Property Taxes$41110%Insurance$1404%Management$47012%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43111%Cash Flow$155

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,312

Downpayment

20%

$77,440

Closing costs

1%

$3,872

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,920

Total Expenses

$3,765

Mortgage P&I

48%

$1,881

Property Taxes

10%

$411

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$470

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$431

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