Great Investment Property In The City of Maywood. Front house 3BDR / 2BATH fully remodeled in 2021, including brand new electrical wiring & panels, roof, stucco, kitchen, bathroom, flooring, drywall, copper plumbing, ABS sewer lines, tankless water heater, laundry hookups and solar panels. 2 Brand New ADU's constructed in 2021 which consist of a 1BDR / 1BATH unit and 2BDR / 2BATH unit. Fully permitted. All units vacant. Market Rents of $77,820, NOI of $54,942. PF GRM of 11.5X and 6.14% Cap Rate.
With Brand new Solar Panels installed in 2021 producing an estimated average of between 4050 kWh/day, based on these estimates. Numbers will vary based on usage and time of year. Daytime:1BDR = 200 kWH/month'2BDR = 300 kWH/month3BDR = 400 kWH/month Total Consumption = 900 kWH/month
Total Production = 1,500 kWH/month Total Profit = 1,500 kWH 900 kWH * $0.25 = $150 profitNighttime1BDR =200kWH/month2BDR=300kWH/month3BDR = 400 kWH/monthTotal Usage = 900 kWH/monthTotal Charge = 900 kWH * $0.38 = $342 charge
Net Electricity Charge
$342 charge $150 profit = $192/month on average.