
Deal numbers
- Est. cap rate
- 2.4%
- Assumed rent, all units
- $4,260/mo
- Units
- 2
- Price per unit
- $525,000
- Est. annual NOI
- $25,560
- 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
- $48,564
- Operating expenses
- $24,282
- Net operating income
- $24,282
- Annual debt service
- $62,871
- Annual cash flow
- -$38,589
- Cash on cash return
- -14.7%
- Down payment
- $262,500
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
- 1,680 sqft
- Lot size
- 7,681 sqft
- Year built
- 1946
- Stories
- 1
- Garage spaces
- 2
- Style
- Traditional
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 30
- MLS #
- 246395241
About this property
Investment opportunity, ideal for investors or owner-occupants looking to live-in one unit while generating rental income from the other unit. Duplex property (2 beds and 1 bath for each unit), total living area approximately 1,680sf and 7,812 lot size with car garage attached. Property located in a desirable Monterey Park neighborhood close to shopping, schools, restaurant, etc.
Location
334 1/2 Edgley Dr
Monterey Park, Los Angeles, CA, 91755