Deal numbers
- Est. cap rate
- 1.7%
- Assumed rent, all units
- $7,880/mo
- Units
- 2
- Price per unit
- $1,362,500
- Est. annual NOI
- $47,280
- 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
- $89,832
- Operating expenses
- $44,916
- Net operating income
- $44,916
- Annual debt service
- $163,165
- Annual cash flow
- -$118,249
- Cash on cash return
- -17.4%
- Down payment
- $681,250
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
- Duplex
- Bedrooms
- 4
- Bathrooms
- 3
- Building size
- 1,800 sqft
- Lot size
- 4,356 sqft
- Year built
- 1940
- Stories
- 2
- Garage spaces
- 2
- Heating
- Forced Air
- Cooling
- None
- Pool
- None
- View
- Ocean,City Lights,See Remarks,Water
- Status
- Active
- Days on market
- 116
- MLS #
- 246015794
About this property
Sweeping OCEAN VIEW, WHITE WATER VIEW, COASTLINE VIEWS. Downstairs unit is a 2 bedrooms, 2 baths with fireplace, balcony, inside laundry, balcony and private yard. Upstairs unit is 2 bedrooms, 1 bath, balcony with private yard. 2 car garage plus 4 off street parking spaces. OCEAN VIEW from both units. Square footage of building is estimated and buyer to verify. Street to alley lot. 24 Hour notice required to show. Please do not go on property without agent.
Location
283 Viejo
Laguna Beach, Orange, CA, 92651