Deal numbers
- Est. cap rate
- 8.1%
- Assumed rent, all units
- $5,360/mo
- Units
- 2
- Price per unit
- $197,500
- Est. annual NOI
- $32,160
- 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
- $61,104
- Operating expenses
- $30,552
- Net operating income
- $30,552
- Annual debt service
- $23,652
- Annual cash flow
- $6,900
- Cash on cash return
- 7.0%
- Down payment
- $98,750
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
- Bathrooms
- 2
- Building size
- 1,176 sqft
- Lot size
- 7,401 sqft
- Year built
- 1953
- Stories
- 1
- Garage spaces
- 2
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 178
- MLS #
- 232675025
About this property
Beautifully remodeled duplex in East Palmdale offering two 1-bedroom, 1-bathroom units. Each unit has been upgraded with flooring, kitchens, bathrooms, and modern finishes throughout. Recent improvements include new AC/Heat units, new water heaters. All work was completed with permits and is fully up to code. Conveniently located near schools, shopping, and commuter routes, this property is a turnkey investment with low maintenance and excellent cash flow potential.
Location
38833 Rambler Ave
Palmdale, Los Angeles, CA, 93551