Deal numbers
- Est. cap rate
- 3.2%
- Assumed rent, all units
- $7,960/mo
- Units
- 4
- Price per unit
- $375,000
- Est. annual NOI
- $47,760
- 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
- $90,744
- Operating expenses
- $45,372
- Net operating income
- $45,372
- Annual debt service
- $89,816
- Annual cash flow
- -$44,444
- Cash on cash return
- -11.9%
- Down payment
- $375,000
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
- 3,347 sqft
- Lot size
- 6,751 sqft
- Year built
- 1923
- Stories
- 2
- Garage spaces
- 0
- Heating
- Forced Air,Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 337
- MLS #
- 234938441
About this property
Four units, comprising 2 buildings on one lot NO Garages. Front building a duplex: first floor 3 bedroom 2 bath, upstairs 2 bed 1 bath, second rear building duplex, downstairs 1 bedroom 1 bath, upstairs 1 bedroom 1 bath.. Utilities owners pay water tenants pay all other utilities. Property is located in a high demand rental area. All units are occupied, one by owners. Short distance to restaurants, shopping, RTD access LA area.
Location
1211 Elden Ave.
Los Angeles, Los Angeles, CA, 90006