Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $3,680/mo
- Units
- 2
- Price per unit
- $325,000
- Est. annual NOI
- $22,080
- 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
- $41,952
- Operating expenses
- $20,976
- Net operating income
- $20,976
- Annual debt service
- $38,920
- Annual cash flow
- -$17,944
- Cash on cash return
- -11.0%
- Down payment
- $162,500
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
- 1,372 sqft
- Lot size
- 4,433 sqft
- Year built
- 1911
- Stories
- 1
- Garage spaces
- 0
- Heating
- None
- Pool
- None
- Status
- Active
- Days on market
- 330
- MLS #
- 239581760
About this property
Bring your vision and toolbox...This 2-unit property is being sold As-Is and is perfect for an investor/contractor. Both units need repairs and updating - offering the chance to add significant value through renovation. Excellent potential for rental income or future resale. Convenient location near transportation, schools and shopping. Long driveway for parking.
Location
6356 Marconi Street
Huntington Park, Los Angeles, CA, 90255