Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $4,440/mo
- Units
- 2
- Price per unit
- $524,500
- Est. annual NOI
- $26,640
- 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.
- Effective gross income
- $50,616
- Operating expenses
- $25,308
- Net operating income
- $25,308
- Annual debt service
- $62,811
- Annual cash flow
- -$37,503
- Cash on cash return
- -14.3%
- Down payment
- $262,250
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
- 1 sqft
- Lot size
- 7,405 sqft
- Year built
- 1914
- Stories
- 1
- Garage spaces
- 1
- Heating
- Fireplace(s)
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 514
- MLS #
- 223048042
About this property
GREAT OPPORTUNITY!! This property could be for investors or owner occupied who wish to live in the primary house and rent the back unit for supplemental income. Each home has separate gas, and electrical meters. The front house has three bedrooms and one bath and a separated 2 car garage. The back Unit has one bedroom and one bath, living room and kitchen area. This duplex is in a zone R3. Do not miss it!
Location
913 W Bishop Street
Santa Ana, Orange, CA, 92703