Deal numbers
- Est. cap rate
- 3.9%
- Assumed rent, all units
- $3,600/mo
- Units
- 2
- Price per unit
- $275,000
- 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
- $32,932
- Annual cash flow
- -$12,412
- Cash on cash return
- -9.0%
- Down payment
- $137,500
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
- 1,126 sqft
- Lot size
- 4,000 sqft
- Year built
- 1921
- Stories
- 1
- Garage spaces
- 0
- Style
- Contemporary
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s),See Remarks
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 188
- MLS #
- 238308128
About this property
A Single Story, Privately Gated Duplex. Consists of 1 bed, 1 bath each unit. ADU potential on the backyard. Separated electricity and gas meter. Centralized water meter. Landlord pays water only. Gated parking spaces are located on the backyard. Site is approximately 1.5 miles from USC and Exposition Park and close proximity from LA Convention Center, Fashion District, Downtown LA with nearby public transit on Avalon Blvd.
Location
623 E 36th Street
Los Angeles, Los Angeles, CA, 90011