Deal numbers
- Est. cap rate
- 3.5%
- Assumed rent, all units
- $9,200/mo
- Units
- 4
- Price per unit
- $397,500
- Est. annual NOI
- $55,200
- 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
- $104,880
- Operating expenses
- $52,440
- Net operating income
- $52,440
- Annual debt service
- $95,205
- Annual cash flow
- -$42,765
- Cash on cash return
- -10.8%
- Down payment
- $397,500
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
- 6
- Bathrooms
- 5
- Building size
- 3,106 sqft
- Lot size
- 10,824 sqft
- Year built
- 1928
- Stories
- 1
- Garage spaces
- 6
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- Mountain(s),Neighborhood
- Status
- Active
- Days on market
- 5
- MLS #
- 242871621
About this property
Epitome CRE is proud to present a unique value-add opportunity in the heart of Alhambra. This stabilized asset offers a 5%+ Pro Forma Cap Rate due to a significant upside potential through rental increases. The property features 1 detached unit and 3 attached units. Front House: 942 square feet 2 bed / 1.25 bath with a detached 2-car garage. Middle Units (2): Identical 1 bed / 1 bath layouts mirror image to each other. Rear Unit: Fully remodeled 2 bed / 1 bath also the largest floorplan. The rear three attached units totals 2,164 square feet. Roof is 2-3 years old.
Location
745 S Chapel Ave
Alhambra, Los Angeles, CA, 91801