Deal numbers
- Est. cap rate
- 4.2%
- Assumed rent, all units
- $7,280/mo
- Units
- 4
- Price per unit
- $257,500
- Est. annual NOI
- $43,680
- 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
- $82,992
- Operating expenses
- $41,496
- Net operating income
- $41,496
- Annual debt service
- $61,674
- Annual cash flow
- -$20,178
- Cash on cash return
- -7.8%
- Down payment
- $257,500
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 3,414 sqft
- Lot size
- 6,862 sqft
- Year built
- 1958
- Stories
- 2
- Garage spaces
- 4
- Heating
- Wall Furnace
- Pool
- None
- Status
- Active
- Days on market
- 173
- MLS #
- 239262606
About this property
IDEAL PROPERTY FOR FHA FIANANCE OWNER OCCUPANT OR FIRST TIME INVESTOR. SEPARATE CLEAN 2 BEDROOM 1 BATH HOME IN FRONT WITH A GATED FRONT YARD. A SEPARATE STRUCTURE WITH 3 WELL MAINTAINED ADDITIONAL UNITS IN IN THE REAR INCLUDING A 2 LEVEL 3 BEDROOM 2 BATH OWNERS UNIT WITH 2 ADDITIONAL 2 BEDROOM 1 BATH RENTALS. ALL UNITS HAVE WASHER AND DRYER HOOKUPS. PROPERTY HAS BEEN IN THE SAME FAMILY FOR MANY YEARS, AND PROPERTY HAS HUGE UPSIDE RENT POTENTIAL. OWNER S WILLING TO CONSIDER PARTICIPATING WITH RELOCATION ASSISTANCE FOR AN OWNER OCCUPANT. PRICED FOR IMMEDIATE SALE!!
Location
666 Hoefner
East Los Angeles, Los Angeles, CA, 90022