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$3,989 (target)

18020 Gerritt Pl, Cerritos, CA 90703

3 beds • 2 baths • 1200 sqft

$1,245,000

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This property looks like a bad Long-Term investment with a projected -25.43% first-year return on $261k initial cash invested.

-25.43%

Cash On Cash

1.44%

Cap Rate

0.22

DSCR

$3,989

Rent

-$5,541

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,989 income − $9,530 expenses = $5,541 out of pocket

Income$3,989Out of Pocket$5,541Mortgage P&I$6,834171%Property Taxes$1,22431%Insurance$43611%Management$39910%CapEx$1995%Vacancy$2396%Maintenance$1995%

Investment Breakdown

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Purchase Price

$1245k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$261k

Downpayment

20%

$249k

Closing costs

1%

$12,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,989

Total Expenses

$9,530

Mortgage P&I

171%

$6,834

Property Taxes

31%

$1,224

Home Insurance

11%

$436

HOA

0%

$0

Property Management

10%

$399

CapEx

5%

$199

Vacancy

6%

$239

Maintenance

5%

$199

Other

0%

$0

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