
Deal numbers
- Est. cap rate
- 6.1%
- Assumed rent, all units
- $6,520/mo
- Units
- 4
- Price per unit
- $161,250
- Est. annual NOI
- $39,120
- 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
- $74,328
- Operating expenses
- $37,164
- Net operating income
- $37,164
- Annual debt service
- $38,621
- Annual cash flow
- -$1,457
- Cash on cash return
- -0.9%
- Down payment
- $161,250
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 3,224 sqft
- Lot size
- 8,100 sqft
- Year built
- 1985
- Stories
- 2
- Garage spaces
- 4
- Pool
- None
- Status
- Active
- Days on market
- 27
- MLS #
- 246986582
About this property
**** TURNKEY 4-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY IN ADELANTO! **** *** PRICE REDUCTION *** PRICE REDUCTION *** Welcome to 10923 Aztec Ln, a well-maintained and recently remodeled four-unit apartment property offering an excellent opportunity for investors seeking immediate rental income and long-term potential. The property consists of four spacious 2-bedroom, 1-bathroom units, with two units located downstairs and two upstairs. All four units are currently rented, providing an investor with an established income stream from day one. The property has been recently remodeled, with updated interiors designed to provide comfortable and attractive living spaces for tenants. Each unit offers a functional floor plan with two bedrooms and one bathroom. The property also features four individual one-car garages, providing valuable off-street parking and additional convenience for residents. Situated on an approximately 8,100-square-foot lot, the property contains approximately 3,224 square feet of building area. The fourplex configuration provides the benefit of multiple income-producing units within one property, making this an attractive opportunity for both experienced investors and those looking to enter the multifamily market.
Location
10923 Aztec
Adelanto, San Bernardino, CA, 92301