Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $3,640/mo
- Units
- 2
- Price per unit
- $360,000
- Est. annual NOI
- $21,840
- 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
- $41,496
- Operating expenses
- $20,748
- Net operating income
- $20,748
- Annual debt service
- $43,112
- Annual cash flow
- -$22,364
- Cash on cash return
- -12.4%
- Down payment
- $180,000
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
- Duplex
- Bedrooms
- 2
- Building size
- 1,610 sqft
- Lot size
- 4,009 sqft
- Year built
- 1929
- Stories
- 1
- Garage spaces
- 0
- Style
- Modern
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 187
- MLS #
- 238034795
About this property
Nice East Los Angeles duplex located within walking distance of public transportation and shopping stores along Whittier Blvd. The front unit is a three-bedroom, one-bathroom home with approximately 1,048 sqft of living space, and with a basement that can be used for storage. The second unit in the rear of the property is a one-bedroom and one-bathroom unit with approximately 562 sqft of living space. All interior pictures are of the front unit. Both tenants in the units are on a month-to-month lease agreement.
Location
946 S Ferris
East Los Angeles, Los Angeles, CA, 90022