
Deal numbers
- Est. cap rate
- 3.2%
- Assumed rent, all units
- $6,840/mo
- Units
- 2
- Price per unit
- $640,000
- Est. annual NOI
- $41,040
- 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
- $77,976
- Operating expenses
- $38,988
- Net operating income
- $38,988
- Annual debt service
- $76,643
- Annual cash flow
- -$37,655
- Cash on cash return
- -11.8%
- Down payment
- $320,000
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
- 5
- Bathrooms
- 5
- Building size
- 2,232 sqft
- Lot size
- 7,267 sqft
- Year built
- 1922
- Stories
- 1
- Garage spaces
- 2
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 137
- MLS #
- 242628440
About this property
This duplex has been remodeled and is move-in condition. The seller spend lots of money upgrading the bathrooms, Kitchen, flooring, etc. Buyers are advised to independently investigate all aspects of the property, including verifying the accuracy of all information (including sq. ft. and size, bedrooms, and baths) through personal inspection and with appropriate professionals, to their satisfaction. The property just passed city pre-sale inspections and is ready to open escrow. The property will be sold in its current "as-is, where-is" condition. The listing Brokers and sellers do not guarantee the accuracy of the information provided regarding permits, ordinances, conditions, zoning, or features or use of the property, as to the public record. Buyer and buyer's agent to verify any/all information to their satisfaction before making an offer. The interiors of these two units are turnkey. Convenient location near Caltech and Pasadena College.
Location
441 E California
Pasadena, Los Angeles, CA, 91106