Deal numbers
- Est. cap rate
- 2.7%
- Assumed rent, all units
- $4,500/mo
- Units
- 2
- Price per unit
- $497,500
- Est. annual NOI
- $27,000
- 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
- $51,300
- Operating expenses
- $25,650
- Net operating income
- $25,650
- Annual debt service
- $59,578
- Annual cash flow
- -$33,928
- Cash on cash return
- -13.6%
- Down payment
- $248,750
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
- 2
- Building size
- 1,260 sqft
- Lot size
- 3,320 sqft
- Year built
- 1925
- Stories
- 1
- Garage spaces
- 2
- Style
- Spanish
- Heating
- Floor Furnace
- Cooling
- None
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 59
- MLS #
- 245707802
About this property
Completely rennovated duplex in the heart of the Zafaria neighborhood of Long Beach. Walking distance to Rereation Park, Billie Jean King Tennis Courts, and Great Restaurants! Gorgeous refinished hardwood floors, Quartz Kitchen Counters, New custom kitchen cabinetry, new stainless kitchen applainces, custom tile kitchen flooring. Bathrooms also completely remodeled with custom vanities and tub/shower systems, tile flooring, custom tub/shower surround, everything! New lighting inside and out! Completely repainted inside and out. Full copper repipe and completely new electrical wiring. Both units have private back lawns and their own laundry rooms! Each unit has one garage space and one driveway space!
Location
4316 E Wehrle Court
Long Beach, Los Angeles, CA, 90804