Deal numbers
- Est. cap rate
- 2.7%
- Assumed rent, all units
- $4,860/mo
- Units
- 2
- Price per unit
- $547,500
- Est. annual NOI
- $29,160
- 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
- $55,404
- Operating expenses
- $27,702
- Net operating income
- $27,702
- Annual debt service
- $65,566
- Annual cash flow
- -$37,864
- Cash on cash return
- -13.8%
- Down payment
- $273,750
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
- 5
- Bathrooms
- 4
- Building size
- 1,946 sqft
- Lot size
- 7,502 sqft
- Year built
- 1924
- Stories
- 2
- Garage spaces
- 2
- Style
- Traditional
- Heating
- Wall Furnace
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 118
- MLS #
- 243440698
About this property
The front house consists of 2 bedrooms one bath it was completely remodeled seven years ago, with central air conditioning, tile flooring, and plenty of parking. Back house is a two story with 3 bedrooms and 3 bathrooms with beautiful flooring, kitchen, and new painting. There are TWO- two car garages one is detached from the front house, and the other one is attached to the back house. It has three fruits tree lemon, guava, and apple. This is perfect to live in one unit and rent the other one. Don't miss this opportunity.
Location
6510 Lucille Avenue
Bell, Los Angeles, CA, 90201