Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $7,400/mo
- Units
- 4
- Price per unit
- $325,000
- Est. annual NOI
- $44,400
- 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
- $84,360
- Operating expenses
- $42,180
- Net operating income
- $42,180
- Annual debt service
- $77,840
- Annual cash flow
- -$35,660
- Cash on cash return
- -11.0%
- Down payment
- $325,000
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 4,008 sqft
- Lot size
- 8,734 sqft
- Year built
- 1955
- Stories
- 2
- Garage spaces
- 4
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 68
- MLS #
- 245638686
About this property
Have pride of ownership to this well maintained two-story quadruplex that has no deferred maintenance. It is located on a dead end street. There are two units on each level having 2BR/1BA and 3BR/1BA that have dual-paned windows. Electricity and gas have own separate meters and each unit has its own water hot water tank. Kitchens all have granite counter tops. Check out the laminate type flooring! Building has been pre-wired for cable service. You still have the option to make it an investor's delight or to live in a unit while renting the others!
Location
1041 W Reeve Street
Compton, Los Angeles, CA, 90220