Deal numbers
- Est. cap rate
- 2.4%
- Assumed rent, all units
- $4,860/mo
- Units
- 2
- Price per unit
- $609,000
- 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
- $72,930
- Annual cash flow
- -$45,228
- Cash on cash return
- -14.9%
- Down payment
- $304,500
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
- 1,717 sqft
- Lot size
- 5,940 sqft
- Year built
- 1955
- Stories
- 1
- Garage spaces
- 0
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 15
- MLS #
- 246544867
About this property
This well-maintained property features two separate homes on a spacious 6,084 sq. ft. lot, offering flexibility for homeowners and investors alike. Unit A, located at the back, is a cozy 1-bedroom, 1-bath home featuring a covered patio, tile flooring, a carpeted bedroom, recessed lighting, a ceiling fan, wall A/C, custom cabinets, and Formica countertops. Unit B, situated at the front, is a charming 2-bedroom, 1-bath home with dual-pane windows, stylish cabinets, tile countertops, laminate flooring, and bedrooms with mirrored closet doors. Both units are designed for comfort and practicality. The property is located behind the shopping center on Duarte Road, near the border of the City of Arcadia. Additional highlights include laundry hookups conveniently located on the rear porch/patio, a circular driveway, and a covered carport area for ample parking. The property is ideally located near shopping, markets, and restaurants, making it a great choice for multi-generational living or as an income-producing investment. Don’t miss this fantastic opportunity!
Location
911 Genoa Street
Monrovia, Los Angeles, CA, 91016