Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $3,580/mo
- Units
- 2
- Price per unit
- $299,950
- Est. annual NOI
- $21,480
- 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
- $40,812
- Operating expenses
- $20,406
- Net operating income
- $20,406
- Annual debt service
- $35,920
- Annual cash flow
- -$15,514
- Cash on cash return
- -10.3%
- Down payment
- $149,975
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
- 1,731 sqft
- Lot size
- 7,280 sqft
- Year built
- 1953
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 187
- MLS #
- 239974144
About this property
DUPLEX PROPERTY...Great Investment opportunity. Each unit offers 2 bedrooms, and 1 bathroom, with approximately 865 Sq Ft of living space. Very good tenants. Subject property is conveniently located minutes away from the freeway, shopping centers, restaurants, CINEMARK, and Lancaster Municipal Stadium.
Location
45348 10th W
Lancaster, Los Angeles, CA, 93534