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241 Virginia Street, Portland, ME 04103

3 beds • 1 baths • 1292 sqft

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This property looks like a bad Long-Term investment with a projected -12.98% first-year return on $110k initial cash invested.

-12.98%

Cash On Cash

3.96%

Cap Rate

$2,990

Rent

-$1,188

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$523k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,230

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,990

Total Expenses

$4,178

Mortgage P&I

92%

$2,765

Property Taxes

15%

$452

Home Insurance

6%

$183

PManagement

10%

$299

CapEx

5%

$150

Vacancy

6%

$179

Maintenance

5%

$150

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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3

1

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3

1.5

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0.8 mi

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$2,950

3

1

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1.5 mi

104 W Rancho Del Cerro

$2,500

4

2

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1.3 mi

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$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

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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

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