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Duplex at 45019 Division
$500,000
45019 Division
Lancaster, Los Angeles, 93535
Duplex · 2 units
Active · 1 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

45019 Division, Lancaster CA | Multifamily for Sale