Deal numbers
- Est. cap rate
- 3.9%
- Assumed rent, all units
- $6,520/mo
- Units
- 2
- Price per unit
- $499,500
- Est. annual NOI
- $39,120
- 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
- $74,328
- Operating expenses
- $37,164
- Net operating income
- $37,164
- Annual debt service
- $59,817
- Annual cash flow
- -$22,653
- Cash on cash return
- -9.1%
- Down payment
- $249,750
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
- 5
- Bathrooms
- 3
- Building size
- 1,844 sqft
- Lot size
- 8,402 sqft
- Year built
- 2001
- Stories
- 1
- Garage spaces
- 4
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 45
- MLS #
- 245586499
About this property
Excellent investment or owner-user opportunity featuring two separate residential units located at 2114 A Street and 1813 1st Street in La Verne. Both homes are in good condition and offer comfortable, functional living spaces with their own two-car garages. ** Residence at 2114 A Street features 3 bedrooms and 2 bathrooms ** Residence at 1813 1st Street features 1 bedroom and 1 bathroom This unique property provides flexibility for an investor, owner-occupant, extended family, or multi-generational living arrangement. Conveniently located near shopping, dining, schools, parks, and transportation. Buyer to independently verify all property details, including square footage, lot size, permits, unit configuration, zoning, and rental information.
Location
2114 1St, A Street
La Verne, Los Angeles, CA, 91750