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Duplex at 12931 Roswell Avenue
$1,025,000
12931 Roswell Avenue
Chino, San Bernardino, 91710
Duplex · 2 units
Active · 1 days on market

Deal numbers

Est. cap rate
2.4%
Assumed rent, all units
$4,180/mo
Units
2
Price per unit
$512,500
Est. annual NOI
$25,080
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.

5.0%
50%
25%
7.00%
Effective gross income
$47,652
Operating expenses
$23,826
Net operating income
$23,826
Annual debt service
$61,374
Annual cash flow
-$37,548
Cash on cash return
-14.7%
Down payment
$256,250

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
2
Building size
2,248 sqft
Lot size
9,676 sqft
Year built
1978
Stories
1
Garage spaces
2
Cooling
Central Air
Pool
None
Status
Active
Days on market
1
MLS #
246849897

About this property

12931 Roswell Ave, Chino presents a great opportunity for investors or buyers looking to build long-term wealth through real estate. This well-maintained duplex sits on a large lot and features two separate 2-bedroom, 2-bathroom units, each with its own gas and electric meters. Both units have been updated with granite countertops, tile kitchens, laminate flooring, dual-pane windows, recessed lighting, crown molding, newer roofs and gutters, and more. The property also offers attached garage parking, a large concrete driveway, additional RV parking, vinyl fencing, block walls, and low-maintenance artificial grass. A great option for an investor completing a 1031 exchange or an owner-occupant looking to live in one unit while generating rental income from the other. FHA financing may be an option for qualified owner-occupants. Convenient Chino location near shopping, restaurants, transportation, and freeway access. Please do not disturb tenants. Drive-by only. Offers are subject to interior inspection.

Location

12931 Roswell Avenue

Chino, San Bernardino, CA, 91710

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

12931 Roswell Ave, Chino CA | Multifamily for Sale