Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $7,960/mo
- Units
- 4
- Price per unit
- $350,000
- Est. annual NOI
- $47,760
- 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
- $90,744
- Operating expenses
- $45,372
- Net operating income
- $45,372
- Annual debt service
- $83,828
- Annual cash flow
- -$38,456
- Cash on cash return
- -11.0%
- Down payment
- $350,000
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 2,408 sqft
- Lot size
- 5,908 sqft
- Year built
- 1954
- Stories
- 1
- Garage spaces
- 1
- Heating
- None
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 239990186
About this property
Proudly presenting 1028 S Kenmore – a 4-unit income property located in a highly desirable Los Angeles rental market. This property offers an excellent opportunity for investors seeking steady cash flow and long-term appreciation. Ideally situated near Koreatown, major transportation corridors, and a variety of local amenities, making it attractive to tenants. A great addition to any investment portfolio.
Location
1028 S Kenmore
Los Angeles, Los Angeles, CA, 90006