Est. cap rate

2.4%

Assumed rent, all units

$4,940/mo

Units

2

Price per unit

$625,000

Est. annual NOI

$29,640

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

3,058 sqft

Lot size

6,098 sqft

Year built

1972

Stories

1

Garage spaces

3

Style

Traditional

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

0

MLS #

245108731

About this property

Great duplex to live in one side and rent the other. Each home has a garage with it's own laundry hook ups. The smaller unit is 2 bedrooms and 2 baths. It has some nice updates-smooth ceilings, Luxury Vinyl floors and an updated kitchen. The dining room opens to the small private back yard. There is a real main bedroom with attached bath. this unit has a one car garage. The larger 3 bedroom home on the left side has a private entrance and a fireplace in the living room. The white kitchen has newer quartz counters. This home has a full size 2 car garage.The third bedroom has a sliding glass door to the back yard. Both units are in clean condition and are currently rented to tenants who would like to stay. Currently rents are under market rate. Great location next to Villa Park east of the 55 freeway and north of Chapman.

Location

885 N Kathleen

Orange, Orange, CA, 92867