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$5,984 (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 Mid-Term investment with a projected -19.51% first-year return on $279k initial cash invested.

-19.51%

Cash On Cash

2.44%

Cap Rate

0.37

DSCR

$5,984

Rent

-$4,544

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,984 income − $10,528 expenses = $4,544 out of pocket

Income$5,984Out of Pocket$4,544Mortgage P&I$6,834114%Property Taxes$1,22420%Insurance$4367%Management$71812%CapEx$2394%Vacancy$1803%Maintenance$2394%Other$65811%

Investment Breakdown

|

Purchase Price

$1245k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$279k

Downpayment

20%

$249k

Closing costs

1%

$12,450

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,984

Total Expenses

$10,528

Mortgage P&I

114%

$6,834

Property Taxes

20%

$1,224

Home Insurance

7%

$436

HOA

0%

$0

Property Management

12%

$718

CapEx

4%

$239

Vacancy

3%

$180

Maintenance

4%

$239

Other

11%

$658

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