Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $3,940/mo
- Units
- 2
- Price per unit
- $450,000
- Est. annual NOI
- $23,640
- 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
- $44,916
- Operating expenses
- $22,458
- Net operating income
- $22,458
- Annual debt service
- $53,890
- Annual cash flow
- -$31,432
- Cash on cash return
- -14.0%
- Down payment
- $225,000
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
- 1,836 sqft
- Lot size
- 11,528 sqft
- Year built
- 1941
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 67
- MLS #
- 244823979
About this property
A great opportunity to acquire this +/- 1836 SF retail mini market with a residential home on a large +/- 11,528 SF lot (approx. 0.26 AC). The residential unit has two bedrooms, 2 bathroom, and a kitchen. The parcel zoning is R-1A. Allowable uses include, but not limited to Single Family + ADU + Junior ADU, Adult daycare home, Family daycare home, Residential care home, etc. Live One and Rent One or For Extended Family to Live Together. * Property to be sold AS-IS. Buyers and agents shall do their own due diligence and verify with the City on uses.
Location
4266 Arden DR.
El Monte, Los Angeles, CA, 91731