Deal numbers
- Est. cap rate
- 1.7%
- Assumed rent, all units
- $3,600/mo
- Units
- 2
- Price per unit
- $649,500
- 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
- $77,781
- Annual cash flow
- -$57,261
- Cash on cash return
- -17.6%
- Down payment
- $324,750
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
- Duplex
- Bedrooms
- 2
- Building size
- 3,686 sqft
- Lot size
- 5,867 sqft
- Year built
- 2013
- Stories
- 1
- Garage spaces
- 3
- Pool
- None
- Status
- Active
- Days on market
- 324
- MLS #
- 233911798
About this property
Investors, don't miss this prime opportunity in Los Angeles. A well maintained two unit multifamily building built in 2013, featuring two spacious 5 bedroom , 3 bathroom units. The building is gated and with separate meters for gas, electricity and trash. The low maintenance duplex offers strong cash-flow potential in a highly sought after market, with the added flexibility of a 1031 exchange or portfolio diversification. Easy access to fwy and downtown Los Angeles.
Location
314 W 56th
Los Angeles, Los Angeles, CA, 90037