Deal numbers
- Est. cap rate
- 3.5%
- Assumed rent, all units
- $3,440/mo
- Units
- 2
- Price per unit
- $292,500
- Est. annual NOI
- $20,640
- 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
- $39,216
- Operating expenses
- $19,608
- Net operating income
- $19,608
- Annual debt service
- $35,028
- Annual cash flow
- -$15,420
- Cash on cash return
- -10.5%
- Down payment
- $146,250
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
- 1,537 sqft
- Lot size
- 5,410 sqft
- Year built
- 1930
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Ductless
- Pool
- None
- Status
- Active
- Days on market
- 151
- MLS #
- 232895226
About this property
**SHORT SALE APPROVED** PROPERTY IS UNDER REAP! SPACIOUS 2-UNIT PROPERTY IN GREAT CONDITION! PERFECT INVESTMENT OPPORTUNITY! Ideally located near all the conveniences of daily life—parks, schools, shopping centers, restaurants, employment opportunities, and with easy access to major freeways. The property has been tastefully updated over the years and is well maintained. The front unit offers 2 bedrooms and 2 bathrooms, including a master suite, along with an attached 1-car garage. The detached back unit features 2 bedrooms and 1 bathroom, an open kitchen with a center island, and laundry hookups. Additional highlights include a long driveway with ample parking for multiple vehicles, updated PEX plumbing, and a new electrical system. Don’t miss this fantastic investment opportunity!
Location
421 E 65th
Los Angeles, Los Angeles, CA, 90003