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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 Airbnb investment with a projected -11.8% first-year return on $287k initial cash invested.

-11.8%

Cash On Cash

3.73%

Cap Rate

0.62

DSCR

$9,832

Rent

-$2,821

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,832 income − $12,653 expenses = $2,821 out of pocket

Income$9,832Out of Pocket$2,821Mortgage P&I$6,40665%Property Taxes$1,08011%Insurance$4485%Management$1,47515%CapEx$3934%Maintenance$3934%Other$2,45825%

Investment Breakdown

|

Purchase Price

$1280k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$287k

Downpayment

20%

$256k

Closing costs

1%

$12,800

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,832

Total Expenses

$12,653

Mortgage P&I

65%

$6,406

Property Taxes

11%

$1,080

Home Insurance

5%

$448

HOA

0%

$0

Property Management

15%

$1,475

CapEx

4%

$393

Vacancy

0%

$0

Maintenance

4%

$393

Other

25%

$2,458

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