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50 Eastfield Road, Portland, ME 04102

3 beds • 5 baths • 3305 sqft

$1,280,000

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This property looks like a bad Long-Term investment with a projected -24.78% first-year return on $269k initial cash invested.

-24.78%

Cash On Cash

0.95%

Cap Rate

0.16

DSCR

$3,220

Rent

-$5,551

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1280k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$269k

Downpayment

20%

$256k

Closing costs

1%

$12,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,220

Total Expenses

$8,771

Mortgage P&I

199%

$6,406

Property Taxes

34%

$1,080

Home Insurance

14%

$448

HOA

0%

$0

Property Management

10%

$322

CapEx

5%

$161

Vacancy

6%

$193

Maintenance

5%

$161

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

41 Beacon St, Portland, ME 04103

$3,500

3

1

2500

0.7 mi

1909 Congress St, Portland, ME 04102

$4,500

3

2

2245

1 mi

32 Belfield St, Portland, ME 04103

$2,850

3

1

1382

0.6 mi

1824 Congress St, Portland, ME 04102

$3,950

4

3

2190

0.8 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

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