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70 Luther Street, Portland, ME 04108

4 beds • 4 baths • 3306 sqft

$1,250,000

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This property looks like a bad Long-Term investment with a projected -24.33% first-year return on $263k initial cash invested.

-24.33%

Cash On Cash

1.45%

Cap Rate

0.23

DSCR

$3,580

Rent

-$5,322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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

$3,580

Total Expenses

$8,902

Mortgage P&I

186%

$6,653

Property Taxes

25%

$880

Home Insurance

12%

$438

PManagement

10%

$358

CapEx

5%

$179

Vacancy

6%

$215

Maintenance

5%

$179

Other

0%

$0

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