
Deal numbers
- Est. cap rate
- 4.4%
- Assumed rent, all units
- $7,320/mo
- Units
- 4
- Price per unit
- $250,000
- Est. annual NOI
- $43,920
- 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
- $83,448
- Operating expenses
- $41,724
- Net operating income
- $41,724
- Annual debt service
- $59,877
- Annual cash flow
- -$18,153
- Cash on cash return
- -7.3%
- Down payment
- $250,000
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
- 3,200 sqft
- Lot size
- 4,095 sqft
- Year built
- 1938
- Stories
- 2
- Garage spaces
- 0
- Cooling
- Electric
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 266
- MLS #
- 237924656
About this property
This property consists of 4 units. The entire property has been refurbished. One unit is a 4 bedroom 2 bath. It has a single 1 bath unit and 2 - 2 bedroom 1 bath units. All units have been recently upgraded through out. New Kitchens, bathrooms, split air heating & cooling systems, new flooring, new interior paint, new exterior stucco, new electrical and new plumbing. New windows, new main sewer line, power electric sliding gate and Property is very close to public transportation, and conveniently located midway between the new Sofi Stadium, Intuit Dome, The Los Angeles Coliseum, Downtown LA and the 110 fwy. Great investment opportunity!
Location
9705 S Normandie
Los Angeles, Los Angeles, CA, 90044