Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $4,860/mo
- Units
- 2
- Price per unit
- $487,500
- Est. annual NOI
- $29,160
- 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
- $55,404
- Operating expenses
- $27,702
- Net operating income
- $27,702
- Annual debt service
- $58,380
- Annual cash flow
- -$30,678
- Cash on cash return
- -12.6%
- Down payment
- $243,750
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
- 1,516 sqft
- Lot size
- 7,496 sqft
- Year built
- 1912
- Stories
- 2
- Garage spaces
- 2
- Style
- Craftsman
- Heating
- Floor Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 32
- MLS #
- 246394415
About this property
Charming Craftsman-style duplex located on a quiet street north of Foothill Boulevard in Monrovia. Situated on a spacious 7,496 sq. ft. lot, the property features two separate units, each with its own unique floor plan, along with garage parking, individual laundry areas, and generous front and rear yard space. With classic character throughout and a desirable location, this property offers a great opportunity for an investor or owner-user.
Location
134 Grand
Monrovia, Los Angeles, CA, 91016