
Deal numbers
- Est. cap rate
- 2.9%
- Assumed rent, all units
- $3,500/mo
- Units
- 2
- Price per unit
- $362,225
- Est. annual NOI
- $21,000
- 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
- $39,900
- Operating expenses
- $19,950
- Net operating income
- $19,950
- Annual debt service
- $43,378
- Annual cash flow
- -$23,428
- Cash on cash return
- -12.9%
- Down payment
- $181,112
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
- 1,648 sqft
- Lot size
- 6,199 sqft
- Year built
- 1923
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 116
- MLS #
- 242791110
About this property
Boyle Heights Clean well manicured 2 homes sitting on a huge lot, property contains front home is 2 bedrooms an 1 bathroom back home 2 bedrooms an 1 bathroom driveway entrance is located back home, fenced all around, new fresh paint interior/exterior,new laminate hardwood flooring throughout both homes, including new d/p windows installed in both homes, well located in the upper going Boyle Heights community near Olympic Blvd and the freeway 5, 10 minutes from DTLA, Stores, Restaurants the famous King Taco Restaurant, and the Iconic El Mercadito, Both units are tenant occupied, seller willing to credit buyer/buyer a tenant relocation fee if buyer/buyers plan to occupied property, show and sell this amazing property
Location
1119 Calzona
Los Angeles, Los Angeles, CA, 90023