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1174 Washington Avenue, Portland, ME 04103

2 beds • 1 baths • 936 sqft

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This property looks like a bad Long-Term investment with a projected -16.14% first-year return on $110k initial cash invested.

-16.14%

Cash On Cash

3.14%

Cap Rate

0.5

DSCR

$2,410

Rent

-$1,483

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,410

Total Expenses

$3,893

Mortgage P&I

114%

$2,736

Property Taxes

14%

$347

Home Insurance

8%

$184

PManagement

10%

$241

CapEx

5%

$120

Vacancy

6%

$145

Maintenance

5%

$120

Other

0%

$0

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Comparable Property

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Beds

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Distance

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2

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2

1

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$2,850

5

4

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2

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$2,850

5

4

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$1,100

2

1

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0.9 mi

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$2,850

5

4

3030

0.6 mi

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