Deal numbers
- Est. cap rate
- 7.0%
- Assumed rent, all units
- $6,980/mo
- Units
- 2
- Price per unit
- $300,000
- Est. annual NOI
- $41,880
- 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
- $79,572
- Operating expenses
- $39,786
- Net operating income
- $39,786
- Annual debt service
- $35,926
- Annual cash flow
- $3,860
- Cash on cash return
- 2.6%
- Down payment
- $150,000
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
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Building size
- 924 sqft
- Lot size
- 2,655 sqft
- Year built
- 1915
- Stories
- 1
- Garage spaces
- 0
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 92
- MLS #
- 242578590
About this property
Duplex opportunity in desirable Pasadena! Two 1-bedroom, 1-bath units with approximately 462 SF each (924 SF total) on an estimated 2,655 SF lot. Property needs TLC and is sold with current tenants in place. Located minutes from Old Town Pasadena, dining, shopping, and entertainment. Rare opportunity to own a historic Pasadena gem with value-add potential. Buyer to verify all information.
Location
100 Palmetto #14
Pasadena, Los Angeles, CA, 91105