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Duplex at 835 Quail
$454,500
835 Quail
Lake Elsinore, Riverside, 92530
Duplex · 2 units
Active · 62 days on market

Deal numbers

Est. cap rate
5.8%
Assumed rent, all units
$4,420/mo
Units
2
Price per unit
$227,250
Est. annual NOI
$26,520
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.

5.0%
50%
25%
7.00%
Effective gross income
$50,388
Operating expenses
$25,194
Net operating income
$25,194
Annual debt service
$27,214
Annual cash flow
-$2,020
Cash on cash return
-1.8%
Down payment
$113,625

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
3
Bathrooms
2
Building size
1,251 sqft
Lot size
3,049 sqft
Year built
1979
Stories
2
Garage spaces
2
Heating
Central
Cooling
Central Air,Evaporative Cooling
Pool
None
View
Neighborhood
Status
Active
Days on market
62
MLS #
244948009

About this property

Welcome home to this beautifully updated 3-bedroom, 2-bath home. Featuring a convenient full bedroom and bathroom on the main level, this home is perfect for guests, multi-generational living, or a home office. Enjoy the bright and inviting floor plan with modern updates throughout. Step outside to a spacious covered patio, ideal for entertaining or relaxing year-round. The low-maintenance front and backyard make outdoor living easy while minimizing upkeep. Conveniently located and ready for its new owners, this is a home you won't want to miss!

Location

835 Quail

Lake Elsinore, Riverside, CA, 92530

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

835 Quail, Lake Elsinore CA | Multifamily for Sale