
Deal numbers
- Est. cap rate
- 3.9%
- Assumed rent, all units
- $3,260/mo
- Units
- 2
- Price per unit
- $250,000
- Est. annual NOI
- $19,560
- 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
- $37,164
- Operating expenses
- $18,582
- Net operating income
- $18,582
- Annual debt service
- $29,939
- Annual cash flow
- -$11,357
- Cash on cash return
- -9.1%
- Down payment
- $125,000
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
- 1,796 sqft
- Lot size
- 7,744 sqft
- Year built
- 2006
- Stories
- 1
- Garage spaces
- 4
- Style
- Contemporary
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247757550
About this property
Extremely rare opportunity to purchase this two-unit property for your owner-occupied buyer that wants to occupy the newly rehabbed vacant front unit, which is a two bedroom / two bath unit and collect rent from the second unit to assist with the mortgage! Also a great purchase for your investor buyers. Rear unit is occupied by long term tenant that is paying $1,300.00 per month. Both units feature 2 nice sized bedrooms and two baths. Both units have private yards and two car garages. Property has been nicely maintained. Close to schools and shopping.
Location
45019 Division
Lancaster, Los Angeles, CA, 93535