The market is crazy right now and will be for the next 2 to 3 yearsdue to inflation devaluing the dollar, inflation increasing newbuilding costs.

My guess solely looking at your numbers is that it's an older/distressed property which means you have to account for more costs in capex. 2nd thought being it's not in the best of neighborhood then you'd have to take into consideration lower quality tenants/ neighbors and maybe increase expected vacancy and late payments.

Quote from @Gloria N Gear: Quote from @Owen Rosen: Quote from @Gloria N Gear: Goosehead Insurance -- I saved about $1300 across 5 properties and increased my coverage. 

For C to B-Larger developments announced nearby-Increased activity in new construction-Building of commercial retail in or near the neighborhood. 

However, investing locally has become increasingly unfeasible and unrealistic due to the high costs.

Whether or not you believe there will be drastic changes, we are already seeing increasing weather events with unusual patterns like the hurricane that whipped through Central (Inland) Florida in 2024.

Went a bit heavy on the annual taxes due to the increase in the area the past few years.

Despite higher interest rate environment, there's reasonable probability inflation will still continue - thus increase hard asset valuation.

The shorter the prepayment term has an impact on increasing the rate.4.

The house is in Woodforest though so rentability might be lower as well increasing vacancy risk due to high rental costs.