
Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $3,640/mo
- Units
- 2
- Price per unit
- $299,500
- 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
- $35,866
- Annual cash flow
- -$15,118
- Cash on cash return
- -10.1%
- Down payment
- $149,750
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
- Bathrooms
- 2
- Building size
- 808 sqft
- Lot size
- 2,500 sqft
- Year built
- 1926
- Stories
- 1
- Garage spaces
- 3
- Heating
- ENERGY STAR Qualified Equipment
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 161
- MLS #
- 238889320
About this property
Well-maintained duplex in a convenient, desirable location. This is a fantastic investment opportunity with reliable tenants who pay on time. The roof was replaced last year, adding value and peace of mind for the new owner. Unit 2428 has been remodeled since 2021, offering updated features and added appeal. There is also an extra storage room, providing added convenience and value for tenants. Tenants are responsible for mowing the lawn, helping keep maintenance costs low. Property is being sold as-is. Don’t miss this opportunity to own a solid, income-producing property in a great area!
Location
2426 Medford
Los Angeles, Los Angeles, CA, 90033