Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $4,680/mo
- Units
- 2
- Price per unit
- $554,950
- Est. annual NOI
- $28,080
- 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.
- Effective gross income
- $53,352
- Operating expenses
- $26,676
- Net operating income
- $26,676
- Annual debt service
- $66,458
- Annual cash flow
- -$39,782
- Cash on cash return
- -14.3%
- Down payment
- $277,475
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
- 4,535 sqft
- Lot size
- 9,570 sqft
- Year built
- 1952
- Stories
- 2
- Garage spaces
- 4
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247689163
About this property
Excellent opportunity for Developer/Owner. This home with approved plans ready to be pulled for a duplex and an ADU in Stanton (Zoned R2). The price does NOT include construction of the 3 units. Each unit is separately metered for water, electricity and gas making management a breeze. 3 bedrooms and 3.5 bathrooms; approx. 2,016 square feet; and attached 2-car garage. The 503 sqft ADU, 1 bedroom, 1 bathroom. Owner may carry with 35%-40% down.
Location
10581 Lexington
Stanton, Orange, CA, 90680