Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $3,440/mo
- Units
- 2
- Price per unit
- $399,500
- Est. annual NOI
- $20,640
- 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
- $39,216
- Operating expenses
- $19,608
- Net operating income
- $19,608
- Annual debt service
- $47,842
- Annual cash flow
- -$28,234
- Cash on cash return
- -14.1%
- Down payment
- $199,750
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
- 3
- Building size
- 2,178 sqft
- Lot size
- 4,840 sqft
- Year built
- 1921
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 44
- MLS #
- 244219837
About this property
GREAT OPPORTUNITY DUPLEX, WITH 2 BEDROOMS 1 BATH EACH AND ONE COMMERCIAL UNIT, FRONT UNIT WITH LARGE KITCHEN, GRANITE COUNTER TOPS OPEN FLOOR PLAN WITH DINING AREA COMBINE, LARGE LIVING ROOM, THE COMMERCIAL UNIT AT FRONT FOR MULTI PURPOSE USE, PLENTY OF PARKING, SELLER IS VERY MOTIVATED, PROPERTY IS READY TO MOVE IN.
Location
8217 Broadway Street
Los Angeles, Los Angeles, CA, 90003