Zip Code 04260New Gloucester, ME

🔴WEAKappreciation play only

Cap Rate

2.4%

Monthly Cash Flow

-$1,440

Median Home Price

$433,919

DSCR

0.38

🏠 Fair Market Rents

Studio
$980/mo
1 Bedroom
$1,100/mo
2 Bedroom
$1,450/mo
3 Bedroom
$1,810/mo
4 Bedroom
$2,190/mo

📊 Investment Metrics

Cap Rate
2.4%
Cash-on-Cash Return
-17.3%
Price-to-Rent Ratio
20.0
1% Rule
0.42%
Gross Rent Multiplier
20.0
Vacancy Rate
8.0%

📋 Assumptions Used

20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

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