Deal numbers
- Est. cap rate
- 1.6%
- Assumed rent, all units
- $3,600/mo
- Units
- 2
- Price per unit
- $675,000
- Est. annual NOI
- $21,600
- 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
- $41,040
- Operating expenses
- $20,520
- Net operating income
- $20,520
- Annual debt service
- $80,834
- Annual cash flow
- -$60,314
- Cash on cash return
- -17.9%
- Down payment
- $337,500
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
- 5,180 sqft
- Lot size
- 7,500 sqft
- Year built
- 1898
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 55
- MLS #
- 243538754
About this property
Two Houses, Two Addresses on a 7504 sq ft Lot, R2 zoning. The Front house( 807 E 21 St) is 3340 sq ft, Two stories with main floor (3 Bedroom/Den/3 bath plus upstairs ( 1bd/den/1ba). The Rear house is 1840 sq ft, newer building with 4 Studios, received a Certification of Occupancy on 2024. It is good for Owner occupy and rental income property or an investment property. The property is located at a very convenient location: proximity to Downtown Los Angeles, USC, and FWY 10,110, 101, 60, and 710.
Location
807 E 21st Street
Los Angeles, Los Angeles, CA, 90011