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Long-Term Rental Analysis
70 Luther Street, Portland, ME 04108
$1,250,0004 beds • 4 baths • 3306 sqft

This property looks like a bad Long-Term investment with a projected -24.49% first-year return on $263k initial cash invested.

Cash On Cash
-24.49%
Cap Rate
1.41%
Rent
$3,530
Cashflow
-$5,358
Financing

Purchase Price  $1250k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $263k
Downpayment  20% $250k
Closing costs  1% $12,500
Rehab  0% $0
Furnishing  0% $0
Cashflow

Total Income  $3,530
Total Expenses  $8,888
Mortgage P&I  188% $6,653
Property Taxes  25% $880
Home Insurance  12% $438
PManagement  10% $353
CapEx  5% $176
Vacancy  6% $212
Maintenance  5% $176
Other  0% $0
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