Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $5,560/mo
- Units
- 2
- Price per unit
- $559,500
- Est. annual NOI
- $33,360
- 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
- $63,384
- Operating expenses
- $31,692
- Net operating income
- $31,692
- Annual debt service
- $67,003
- Annual cash flow
- -$35,311
- Cash on cash return
- -12.6%
- Down payment
- $279,750
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
- 1,980 sqft
- Lot size
- 5,092 sqft
- Year built
- 1947
- Stories
- 2
- Garage spaces
- 2
- Style
- Traditional
- Heating
- Wall Furnace
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 11
- MLS #
- 247986080
About this property
Attention investors. Well priced duplex in Redondo Beach. Back unit vacant and remodeled. Newer Kitchen, newer bathroom, ugraded electrical, both units have tankless water heaters, back unit most all windows newer and double paned. Separate garages. Long time tenants in front unit. Front unit bedrooms are upstairs and it has one and a half bathrooms. Redondo Schools. Possible ADU opportunity with garages. Separate gas and electrical meters. Inside laundry. Front unit occupied....DO NOT DISTURB TENANTS. Back unit has 2 car garage. Front unit has one and a half car garage. Yard in back of back unit.
Location
2706 Robinson Street
Redondo Beach, Los Angeles, CA, 90278