Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $3,880/mo
- Units
- 2
- Price per unit
- $324,950
- Est. annual NOI
- $23,280
- 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
- $44,232
- Operating expenses
- $22,116
- Net operating income
- $22,116
- Annual debt service
- $38,914
- Annual cash flow
- -$16,798
- Cash on cash return
- -10.3%
- Down payment
- $162,475
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
- Bathrooms
- 2
- Building size
- 1,768 sqft
- Lot size
- 6,715 sqft
- Year built
- 1922
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Zoned
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 510
- MLS #
- 227457810
About this property
Huge price reduction for a quick sale, wrap it up quickly, rare chance. Investors delight, this charming historic craftsman fixer, nestled in the heart of Los Angeles, pride to own a piece of property enjoying the conveniences of the city such as transportation, local businesses, major freeways, dining restaurants, near the most sought education entity USC, museums, shopping center.... With the lot site sq ft. potential to add a ADU, check with the city must see to appreciate.
Location
1723 browning blvd.
Los Angeles, Los Angeles, CA, 90062