
Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $4,000/mo
- Units
- 2
- Price per unit
- $487,450
- Est. annual NOI
- $24,000
- 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
- $45,600
- Operating expenses
- $22,800
- Net operating income
- $22,800
- Annual debt service
- $58,374
- Annual cash flow
- -$35,574
- Cash on cash return
- -14.6%
- Down payment
- $243,725
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
- 3
- Building size
- 2,150 sqft
- Lot size
- 5,254 sqft
- Year built
- 1958
- Stories
- 1
- Garage spaces
- 1
- Heating
- Wall Furnace
- Pool
- None
- Status
- Active
- Days on market
- 126
- MLS #
- 242540183
About this property
Looking for a great investment opportunity? This income-producing property offers strong rental potential in a desirable area surrounded by other established rental properties. Whether you’re expanding your portfolio or purchasing your first investment property, this is one you won’t want to miss. The property features a spacious front house with 3 bedrooms and 2 bathrooms, plenty of parking, inside laundry, and a private primary suite with an en-suite bathroom. There is an updated remodeled kitchen with shaker-style cabinets and quartz countertops for a modern touch. The rear house is a 3 bedroom 2 bath that has been divided into a 2-bedroom, 1-bath unit with updated remodeled kitchen with cabinetry, quartz countertops, a roomy dining are and large living room. There is off-street parking off the alley for this unit as well. And the 3rd bedroom has been closed offer to make a 1-bedroom, 1-bath unit for added income. That can be showed with 24 hr Notice.
Location
3128 W 147th
Gardena, Los Angeles, CA, 90249