Deal numbers
- Est. cap rate
- 3.5%
- Assumed rent, all units
- $3,660/mo
- Units
- 2
- Price per unit
- $312,500
- Est. annual NOI
- $21,960
- 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
- $41,724
- Operating expenses
- $20,862
- Net operating income
- $20,862
- Annual debt service
- $37,423
- Annual cash flow
- -$16,561
- Cash on cash return
- -10.6%
- Down payment
- $156,250
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
- 1,478 sqft
- Lot size
- 5,410 sqft
- Year built
- 1913
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 16
- MLS #
- 243780723
About this property
Rare Investment opportunity!! This is a rare duplex close to both the coliseum and the forum and a block away from the 110 freeway. The Front unit is 2 bedroom 1 bath. Back unit 1 bedroom 1 bath. Back house will be delivered vacant at the close of escrow, making it perfect opportunity for an owner-occupant looking to rent out the second unit or for a full investment.
Location
600 W 61st Street
Los Angeles, Los Angeles, CA, 90044