Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $4,600/mo
- Units
- 2
- Price per unit
- $550,000
- Est. annual NOI
- $27,600
- 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
- $52,440
- Operating expenses
- $26,220
- Net operating income
- $26,220
- Annual debt service
- $65,865
- Annual cash flow
- -$39,645
- Cash on cash return
- -14.4%
- Down payment
- $275,000
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
- 2,486 sqft
- Lot size
- 8,122 sqft
- Year built
- 1925
- Stories
- 1
- Garage spaces
- 2
- Heating
- Central
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249374831
About this property
Welcome to this lovely duplex in Alhambra consisting of one main house, plus a separate units with own garage. This Spanish style home with lots of original charm offers different types of opportunity, perfect for investors or extended families. The property is well located with extremely convenient access to the 10, 210 and 710 freeways. This property is a great choice for both investors or owners who wish to live in one and rent out the others. CASH Offer/ PRIVATE MONEY LOAN ONLY!
Location
215 S Meridian
Alhambra, Los Angeles, CA, 91801