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49 Belfort Street, Portland, ME 04103

2 beds • 1 baths • 950 sqft

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This property looks like a bad Long-Term investment with a projected -8.42% first-year return on $66,990 initial cash invested.

-8.42%

Cash On Cash

4.56%

Cap Rate

0.77

DSCR

$2,110

Rent

-$470

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,990

Downpayment

20%

$63,800

Closing costs

1%

$3,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,110

Total Expenses

$2,580

Mortgage P&I

75%

$1,575

Property Taxes

16%

$343

Home Insurance

5%

$112

HOA

0%

$0

Property Management

10%

$211

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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