Deal numbers
- Est. cap rate
- 4.0%
- Assumed rent, all units
- $8,720/mo
- Units
- 4
- Price per unit
- $325,000
- Est. annual NOI
- $52,320
- 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
- $99,408
- Operating expenses
- $49,704
- Net operating income
- $49,704
- Annual debt service
- $77,840
- Annual cash flow
- -$28,136
- Cash on cash return
- -8.7%
- Down payment
- $325,000
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 2,600 sqft
- Lot size
- 4,812 sqft
- Year built
- 1932
- Stories
- 2
- Garage spaces
- 4
- Pool
- None
- Status
- Active
- Days on market
- 356
- MLS #
- 222671542
About this property
Fourplex, income property located in the heart of West Adams!! Excellent Location, close to schools, freeways, Culver City, Santa Monica, Downtown LA, and Expo Line Station. The main structure consists of 3 br/2ba and two 1 br/1 baths. The additional structure has a 1br/1ba above garage/ storage. APPROVED PLANS to convert bottom units from 1br/1ba TO 2br/1ba. Seller is motivated!
Location
2720 S Sycamore Avenue
Los Angeles, Los Angeles, CA, 90016