Deal numbers
- Est. cap rate
- 2.9%
- Assumed rent, all units
- $4,860/mo
- Units
- 2
- Price per unit
- $499,000
- Est. annual NOI
- $29,160
- 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
- $55,404
- Operating expenses
- $27,702
- Net operating income
- $27,702
- Annual debt service
- $59,757
- Annual cash flow
- -$32,055
- Cash on cash return
- -12.8%
- Down payment
- $249,500
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
- Duplex
- Bedrooms
- 2
- Building size
- 1,568 sqft
- Lot size
- 6,497 sqft
- Year built
- 1937
- Stories
- 1
- Garage spaces
- 0
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- Status
- Active
- Days on market
- 134
- MLS #
- 243464107
About this property
Located in the desirable north foothills of Monrovia, this duplex offers two units plus a third bonus structure. The front home features 2 bedrooms and 1 bathroom, while the rear unit includes 1 bedroom and 1 bathroom, making it ideal for rental income or multi-generational living. A third detached structure with its own bathroom is perfect for a studio, home office, guest suite, or kids’ playroom.
Location
710 E Greystone
Monrovia, Los Angeles, CA, 91016