Deal numbers
- Est. cap rate
- 4.1%
- Assumed rent, all units
- $7,200/mo
- Units
- 4
- Price per unit
- $264,750
- Est. annual NOI
- $43,200
- 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
- $82,080
- Operating expenses
- $41,040
- Net operating income
- $41,040
- Annual debt service
- $63,410
- Annual cash flow
- -$22,370
- Cash on cash return
- -8.4%
- Down payment
- $264,750
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 2,100 sqft
- Lot size
- 5,398 sqft
- Year built
- 1924
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 369
- MLS #
- 233472696
About this property
SELLER MOTIVATED - ANY REASONABLE OFFERS WILL BE CONISIDERED! BEAUTIFUL FULLY REMODELED 4-PLEX including One FREESTANDING BRAND NEW 1 BEDROOM ADU (built in 2024). The 3 Bedroom 1 bath unit is getting $3107 in rent (section 8 tenant) while the other 1 bedrooms & 1 baths are getting $2249, $1500, and $2053. There is room for 2 car parking in the front and additional parking spots in the back. 3 separate buildings and 4 gas and electrical meters. With all units rented out, your annual income is $106,908. Submit your offer Today!
Location
1141 East 50th Street
Los Angeles, Los Angeles, CA, 90011