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$6,636 (target)

16155 De Witt Ave, Morgan Hill, CA 95037

3 beds • 2 baths • 1587 sqft

$1,435,700

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This property looks like a bad Mid-Term investment with a projected -18.7% first-year return on $319k initial cash invested.

-18.7%

Cash On Cash

2.2%

Cap Rate

0.36

DSCR

$6,636

Rent

-$4,978

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,636 income − $11,614 expenses = $4,978 out of pocket

Income$6,636Out of Pocket$4,978Mortgage P&I$7,347111%Property Taxes$1,48722%Insurance$5258%Management$79612%CapEx$2654%Vacancy$1993%Maintenance$2654%Other$73011%

Investment Breakdown

|

Purchase Price

$1436k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$319k

Downpayment

20%

$287k

Closing costs

1%

$14,357

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,636

Total Expenses

$11,614

Mortgage P&I

111%

$7,347

Property Taxes

22%

$1,487

Home Insurance

8%

$525

HOA

0%

$0

Property Management

12%

$796

CapEx

4%

$265

Vacancy

3%

$199

Maintenance

4%

$265

Other

11%

$730

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