Deal numbers
- Est. cap rate
- 3.8%
- Assumed rent, all units
- $9,640/mo
- Units
- 4
- Price per unit
- $381,250
- Est. annual NOI
- $57,840
- 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
- $109,896
- Operating expenses
- $54,948
- Net operating income
- $54,948
- Annual debt service
- $91,313
- Annual cash flow
- -$36,365
- Cash on cash return
- -9.5%
- Down payment
- $381,250
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 2,894 sqft
- Lot size
- 8,712 sqft
- Year built
- 1953
- Stories
- 1
- Garage spaces
- 1
- Pool
- None
- Status
- Active
- Days on market
- 71
- MLS #
- 245618543
About this property
JUST REDUCED! A Great Property at a Great Price!: a turnkey 4-unit income property in Anaheim. Unit mix is three 2BD/1BA and one 1BD/1BA, all fully remodeled and ready to perform. Strong rental location across from a park, with schools and retail nearby. Well-maintained multi-unit product in this area rarely sits long.
Location
939 N Clementine
Anaheim, Orange, CA, 92805