Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $3,600/mo
- Units
- 2
- Price per unit
- $354,500
- Est. annual NOI
- $21,600
- 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
- $41,040
- Operating expenses
- $20,520
- Net operating income
- $20,520
- Annual debt service
- $42,453
- Annual cash flow
- -$21,933
- Cash on cash return
- -12.4%
- Down payment
- $177,250
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
- 1,881 sqft
- Lot size
- 5,464 sqft
- Year built
- 1915
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 723
- MLS #
- 218066404
About this property
Great Opportunity to own this multi-family home oozing with potential. This property was built in 1915 and features plenty of living space. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens.
Location
859 W 54th Street
Los Angeles, Los Angeles, CA, 90037