Deal numbers
- Est. cap rate
- 4.7%
- Assumed rent, all units
- $7,720/mo
- Units
- 4
- Price per unit
- $244,975
- Est. annual NOI
- $46,320
- 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
- $88,008
- Operating expenses
- $44,004
- Net operating income
- $44,004
- Annual debt service
- $58,674
- Annual cash flow
- -$14,670
- Cash on cash return
- -6.0%
- Down payment
- $244,975
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 2,976 sqft
- Lot size
- 6,581 sqft
- Year built
- 1925
- Stories
- 1
- Garage spaces
- 3
- Style
- Spanish
- Heating
- None
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 102
- MLS #
- 243876700
About this property
Four-unit property located in a desirable area of Los Angeles. The front unit is a two-bedroom, one-bathroom home, ideal for owner occupancy. The property includes a separate rear two-story building with three additional units: one studio and two one-bedroom units, offering rental income potential. A great opportunity for an owner-user seeking comfortable living with added income or investor seeking to add to their portafolio.
Location
1605 W 87th
Los Angeles, Los Angeles, CA, 90047