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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 -22.35% first-year return on $263k initial cash invested.

Cash On Cash
-22.35%
Cap Rate
1.89%
Rent
$4,166
Cashflow
-$4,888
Rent Confidence:  High
Annual
$49,992
Median
$3,600
Avg
$3,762
Samples
25
Financing

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

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

Total Income  $4,166
Total Expenses  $9,054
Mortgage P&I  $6,653
Property Taxes  $880
Home Insurance  $438
PManagement  $417
CapEx  $208
Vacancy  $250
Maintenance  $208
Other  $0
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