Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $3,700/mo
- Units
- 2
- Price per unit
- $367,500
- Est. annual NOI
- $22,200
- 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
- $42,180
- Operating expenses
- $21,090
- Net operating income
- $21,090
- Annual debt service
- $44,010
- Annual cash flow
- -$22,920
- Cash on cash return
- -12.5%
- Down payment
- $183,750
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
- 1,412 sqft
- Lot size
- 7,840 sqft
- Year built
- 1921
- Stories
- 1
- Garage spaces
- 2
- Style
- Contemporary
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249376028
About this property
Rare income opportunity in Compton! This duplex features two detached homes on a generous 7,840 sq ft lot. The front home (126 E Indigo) offers 2 bedrooms and 1 bath with a charming covered front porch, wood floors in the living room, a separate dining area, a galley kitchen with ample wood cabinetry, and a tiled bath. The rear home (126 1/2 E Indigo) offers 1 bedroom and 1 bath with a kitchen featuring white cabinetry and a gas range, tile flooring, a bonus storage/utility room, and its own private porch. A long private driveway provides plenty of off-street parking and leads to a detached two-car garage and a spacious backyard with mature trees - great for gardening and entertaining. Strong rental history with no vacancy in six years. Owner pays water only. Ideally located just steps from Compton Towne Center (ALDI, dining and shopping), with Smart & Final and Superior Grocers minutes away on Compton Blvd. Close to Compton High School, Robert F. Kennedy Elementary, Compton College and parks, with easy access to the Metro A Line and the 91, 105 and 710 freeways. Buyer to independently verify all information including square footage, zoning, permits and school boundaries.
Location
126 E Indigo Street
Compton, Los Angeles, CA, 90220