
Deal numbers
- Est. cap rate
- 2.8%
- Assumed rent, all units
- $3,580/mo
- Units
- 2
- Price per unit
- $389,500
- Est. annual NOI
- $21,480
- 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
- $40,812
- Operating expenses
- $20,406
- Net operating income
- $20,406
- Annual debt service
- $46,644
- Annual cash flow
- -$26,238
- Cash on cash return
- -13.5%
- Down payment
- $194,750
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
- 2,240 sqft
- Lot size
- 5,815 sqft
- Year built
- 2006
- Stories
- 2
- Garage spaces
- 2
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 54
- MLS #
- 246230091
About this property
Excellent investment opportunity at 201 W Kettering St, Units #101 & #103, Lancaster, CA 93536! This spacious duplex features two large, two-story townhome-style residences, each offering 4 bedrooms, 2 bathrooms, a private front and backyard, and an attached 2-car garage with direct access into the home. Cash Flow Property!! Each unit offers a desirable open-concept floor plan with generous living space, updated kitchen cabinetry, stone countertops, and laminate wood flooring. The combination of spacious interiors, private outdoor areas, and direct-access garages gives each residence the comfort and feel of a single-family home. With estimated current market rents ranging from approximately $2,640 to $2,910 per unit, the property offers potential combined market rents of approximately $5,280–$5,820 per month. A great opportunity for an investor looking for a well-appointed income property with strong rental potential, or an owner-user looking to occupy one unit while generating income from the other. Two spacious 4-bedroom residences, private yards, and four total garage spaces make this a unique opportunity in Lancaster!
Location
201 W Kettering
Lancaster, Los Angeles, CA, 93534