
Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $10,600/mo
- Units
- 4
- Price per unit
- $473,750
- Est. annual NOI
- $63,600
- 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
- $120,840
- Operating expenses
- $60,420
- Net operating income
- $60,420
- Annual debt service
- $113,467
- Annual cash flow
- -$53,047
- Cash on cash return
- -11.2%
- Down payment
- $473,750
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 4,255 sqft
- Lot size
- 7,405 sqft
- Year built
- 1964
- Stories
- 2
- Garage spaces
- 6
- Style
- Ranch
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- Status
- Active
- Days on market
- 4
- MLS #
- 247898348
About this property
2140 Associated Road is a fully occupied 4-unit multifamily property in Fullerton, CA, located less than half a mile from the Cal State Fullerton campus. Set on a 7,405 SF lot, the asset features two 3BR/2BA downstairs units with patios and two 2BR/2BA upstairs units with large open decks. Amenities include on-site laundry, wall AC, and three two-car garages plus two open parking spaces. Built in 1964, the property offers investors a stable, well-located Orange County asset with achievable rental upside.
Location
2140 Associated Road
Fullerton, Orange, CA, 92831