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$4,424 (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 Long-Term investment with a projected -24.22% first-year return on $301k initial cash invested.

-24.22%

Cash On Cash

1.24%

Cap Rate

0.2

DSCR

$4,424

Rent

-$6,084

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,424 income − $10,508 expenses = $6,084 out of pocket

Income$4,424Out of Pocket$6,084Mortgage P&I$7,347166%Property Taxes$1,48734%Insurance$52512%Management$44210%CapEx$2215%Vacancy$2656%Maintenance$2215%

Investment Breakdown

|

Purchase Price

$1436k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$301k

Downpayment

20%

$287k

Closing costs

1%

$14,357

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,424

Total Expenses

$10,508

Mortgage P&I

166%

$7,347

Property Taxes

34%

$1,487

Home Insurance

12%

$525

HOA

0%

$0

Property Management

10%

$442

CapEx

5%

$221

Vacancy

6%

$265

Maintenance

5%

$221

Other

0%

$0

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