Deal numbers
- Est. cap rate
- 1.8%
- Assumed rent, all units
- $4,580/mo
- Units
- 2
- Price per unit
- $749,500
- Est. annual NOI
- $27,480
- 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
- $52,212
- Operating expenses
- $26,106
- Net operating income
- $26,106
- Annual debt service
- $89,756
- Annual cash flow
- -$63,650
- Cash on cash return
- -17.0%
- Down payment
- $374,750
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
- 1,656 sqft
- Lot size
- 6,827 sqft
- Year built
- 1924
- Stories
- 1
- Garage spaces
- 2
- Style
- Bungalow
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 748
- MLS #
- 217301127
About this property
Renovated Duplex fully leased at $6,600 Monthly rent. Possible Apts. Development project Market Rate Project: 16 units includes 2 Affordable. 4 story Building with1 level Subterranean parking 100% Affordable: ED1 Project; 28 units of Singles & 1 bedrooms with No Parking requirement.
Location
4922 W Fountain Avenue
Los Angeles, Los Angeles, CA, 90029