Deal numbers
- Est. cap rate
- 2.9%
- Assumed rent, all units
- $5,260/mo
- Units
- 2
- Price per unit
- $550,000
- Est. annual NOI
- $31,560
- 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
- $59,964
- Operating expenses
- $29,982
- Net operating income
- $29,982
- Annual debt service
- $65,865
- Annual cash flow
- -$35,883
- Cash on cash return
- -13.0%
- Down payment
- $275,000
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
- 4
- Bathrooms
- 2
- Building size
- 1,768 sqft
- Lot size
- 7,861 sqft
- Year built
- 1948
- Stories
- 1
- Garage spaces
- 2
- Cooling
- Central Air
- Pool
- None
- View
- City Lights,Landmark,Neighborhood
- Status
- Active
- Days on market
- 0
- MLS #
- 245172188
About this property
Coming Soon in Prime Monterey Park! Don't miss this exceptional investment opportunity featuring a duplex with two spacious 2-bedroom units. With updated interiors and strong income potential, this property is ideal for investors or owner-occupants looking to live in one unit while generating rental income from the other. Conveniently located in a desirable Monterey Park neighborhood close to shopping, dining, schools, and major freeways. More details and photos coming soon!
Location
2305 Schoolside
Monterey Park, Los Angeles, CA, 91754