
Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $4,160/mo
- Units
- 2
- Price per unit
- $475,000
- Est. annual NOI
- $24,960
- 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
- $47,424
- Operating expenses
- $23,712
- Net operating income
- $23,712
- Annual debt service
- $56,883
- Annual cash flow
- -$33,171
- Cash on cash return
- -14.0%
- Down payment
- $237,500
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
- 2,016 sqft
- Lot size
- 9,887 sqft
- Year built
- 1962
- Stories
- 1
- Garage spaces
- 3
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 248822576
About this property
Fixer duplex with plenty of potential in El Monte featuring two separate structures, each with its own detached garage! The property offers a great opportunity to renovate both units for rental income, multigenerational living or a combination of both. The larger unit is a 3 bed + 2 bath offering 1,132 sq. ft. of living space and a detached two-car garage. The second unit is a 2 bed + 1 bath offering 884 sq. ft. of living space and a detached one-car garage. Both units feature separate dining areas and laundry conveniently located inside. A long driveway provides additional off-street parking. Duplex in the heart of El Monte is nearby Downtown El Monte, Whittier Narrows Recreation Area, the Santa Fe Dam Recreation Area, plenty of dining, shopping, entertainment and much more! Trust Sale.
Location
11442 McGirk Avenue
El Monte, Los Angeles, CA, 91732