Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $4,700/mo
- Units
- 2
- Price per unit
- $468,000
- Est. annual NOI
- $28,200
- 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
- $53,580
- Operating expenses
- $26,790
- Net operating income
- $26,790
- Annual debt service
- $56,045
- Annual cash flow
- -$29,255
- Cash on cash return
- -12.5%
- Down payment
- $234,000
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
- 1,455 sqft
- Lot size
- 7,136 sqft
- Year built
- 1951
- Stories
- 1
- Garage spaces
- 0
- Heating
- Natural Gas
- Cooling
- Central Air
- Pool
- None
- Status
- Active
- Days on market
- 3
- MLS #
- 248453380
About this property
Great Oportunity to acquire a well mantained Duplex in the heart of Buena Park, few minutes away from Knott's Berry Farm, the property features a highly desirable two units 2- bedroom/1- bathroom each one, separate meters (electricity and gas), outside laundry for each unit, new roof, air conditioning for each unit, a lot parking space. Close to 91 and 5 freeways, Don't Missed this Income Property.
Location
7122 Stanton
Buena Park, Orange, CA, 90621