
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.
- 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