
Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $4,160/mo
- Units
- 2
- Price per unit
- $500,500
- Est. annual NOI
- $24,960
- 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
- $47,424
- Operating expenses
- $23,712
- Net operating income
- $23,712
- Annual debt service
- $59,937
- Annual cash flow
- -$36,225
- Cash on cash return
- -14.5%
- Down payment
- $250,250
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
- 1,812 sqft
- Lot size
- 9,342 sqft
- Year built
- 1960
- Stories
- 1
- Garage spaces
- 2
- Heating
- Central
- Cooling
- None
- Pool
- None
- View
- Mountain(s),City Lights,Neighborhood
- Status
- Active
- Days on market
- 18
- MLS #
- 247069566
About this property
BUYERS — DON’T MISS THIS EL MONTE OPPORTUNITY! Looking for a property that can help you live in one unit while collecting rental income from the other? This could be the opportunity you’ve been waiting for! 2 DETACHED UNITS: Each unit features 2 bedrooms + 1 bathroom. Attached 1-car garage for each unit. One unit offers a large private yard, both units are positioned far from the street for added privacy & quiet living. ALL UNITS DELIVERED VACANT AT CLOSING! FIRST-TIME BUYERS: Live in one and potentially offset your housing costs by renting the other! El Monte, CA, Please do not disturb occupants. Buyers are encouraged to conduct their own inspections and complete all necessary due diligence. Possible Jr ADU.
Location
11672 Ranchito St
El Monte, Los Angeles, CA, 91732