
Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $5,000/mo
- Units
- 2
- Price per unit
- $610,000
- Est. annual NOI
- $30,000
- 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
- $57,000
- Operating expenses
- $28,500
- Net operating income
- $28,500
- Annual debt service
- $73,050
- Annual cash flow
- -$44,550
- Cash on cash return
- -14.6%
- Down payment
- $305,000
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
- 1,479 sqft
- Lot size
- 5,459 sqft
- Year built
- 1941
- Stories
- 1
- Garage spaces
- 2
- Style
- Traditional,Cottage
- Heating
- Floor Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 222
- MLS #
- 238128291
About this property
This property consists of two separate homes providing flexible living and rental opportunities. Both units are currently vacant, ready for immediate occupancy. The front house offers one bedroom and one full bathroom, vaulted ceiling in the living room, beautiful hardwood floors throughout and outdoor space. The rear home features two bedrooms and one full bathroom, hardwood floors, two-car garage and rear yard. Both units feature in-unit laundry and all appliances. Historic Atwater Village is recognized as one of Los Angeles’s most desirable neighborhoods. The area boasts a high walkability score and offers convenient proximity to neighboring communities, including Los Feliz, Silverlake, and Elysian Valley. Residents and visitors alike appreciate Atwater Village for its diverse array of popular restaurants, vibrant nightlife, unique shopping experiences, and the highly attended Sunday Farmer’s Market.
Location
4064 Perlita
Los Angeles, Los Angeles, CA, 90039