REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

9 Wayside Road, Portland, ME 04102

3 beds • 1 baths • 1200 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.37% first-year return on $89,250 initial cash invested.

-12.37%

Cash On Cash

4.23%

Cap Rate

$2,590

Rent

-$920

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,250

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,590

Total Expenses

$3,510

Mortgage P&I

88%

$2,287

Property Taxes

15%

$400

Home Insurance

6%

$149

PManagement

10%

$259

CapEx

5%

$130

Vacancy

6%

$155

Maintenance

5%

$130

Other

0%

$0

Google Maps with comparables properties is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

219 Halidon St, Westbrook, ME 04092

$3,500

3

1

1100

2.1 mi

185 Ray St, Portland, ME 04103

$2,065

3

1

1100

2.3 mi

6 W Commonwealth Dr, Portland, ME 04103

$2,950

3

1

1500

1.6 mi

862 Washington Ave, Portland, ME 04103

$3,350

3

2

1177

2.1 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

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis