Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $4,440/mo
- Units
- 2
- Price per unit
- $387,500
- Est. annual NOI
- $26,640
- 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
- $50,616
- Operating expenses
- $25,308
- Net operating income
- $25,308
- Annual debt service
- $46,405
- Annual cash flow
- -$21,097
- Cash on cash return
- -10.9%
- Down payment
- $193,750
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
- 1,024 sqft
- Lot size
- 5,558 sqft
- Year built
- 1910
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 27
- MLS #
- 247247150
About this property
Nice Duplex in Santa Ana. Each has two bedrooms and 1 bath. Large and spacious driveway long enough to fit up to 6 cars. Each unit has a living room, bathrooms, kitchen and two bedrooms. Located in a good area close to schools, grocery stores, restaurants and retail stores. Each unit 512 sf. Sold AS-IS.
Location
1831 W 3rd
Santa Ana, Orange, CA, 92703