Deal numbers
- Est. cap rate
- 2.2%
- Assumed rent, all units
- $8,840/mo
- Units
- 4
- Price per unit
- $600,000
- Est. annual NOI
- $53,040
- 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
- $100,776
- Operating expenses
- $50,388
- Net operating income
- $50,388
- Annual debt service
- $143,705
- Annual cash flow
- -$93,317
- Cash on cash return
- -15.6%
- Down payment
- $600,000
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 4,481 sqft
- Lot size
- 7,841 sqft
- Year built
- 1989
- Stories
- 2
- Garage spaces
- 1
- Heating
- Natural Gas
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 131
- MLS #
- 242409967
About this property
Exceptional Investment Opportunity in Highly Desirable in Midway City! Discover this fully occupied, well-maintained 4-unit townhome-style income property located in one of Midway City’s most sought-after neighborhoods. Don’t miss this once-in-a-lifetime opportunity! Income-producing properties like this are rare and highly coveted. Act fast—this one won’t last!
Location
14891 Van Buren
Midway City, Orange, CA, 92655