Deal numbers
- Est. cap rate
- 2.8%
- Assumed rent, all units
- $4,420/mo
- Units
- 2
- Price per unit
- $470,000
- Est. annual NOI
- $26,520
- 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
- $50,388
- Operating expenses
- $25,194
- Net operating income
- $25,194
- Annual debt service
- $56,285
- Annual cash flow
- -$31,091
- Cash on cash return
- -13.2%
- Down payment
- $235,000
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
- 2,364 sqft
- Lot size
- 5,080 sqft
- Year built
- 1939
- Stories
- 1
- Garage spaces
- 0
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 72
- MLS #
- 244572540
About this property
***THE SELLER IS MOTIVATED AND OPEN TO REVIEWING COMPELLING OFFERS*** TWO UNITS • 5 BEDROOMS • 4 BATHROOMS • INCOME POTENTIAL! Looking for a home that gives you more options? This Inglewood duplex is a great opportunity to live in one unit and rent the other, bring extended family together while maintaining separate living spaces, or add a versatile income property to your portfolio. The front unit features 3 bedrooms and 3 bathrooms, while the rear unit offers 2 bedrooms and 1 bathroom. Enjoy a convenient location just minutes from SoFi Stadium, Intuit Dome, Kia Forum, Hollywood Park, LAX, shopping, dining, and major freeways. Buyers planning to make the property their home may also be eligible for seller assistance toward tenant relocation costs, depending on offer terms. Whether you're looking for a place to call home with additional income potential or your next investment, this property offers flexibility that's hard to find. Come see the possibilities for yourself! Photos were taken prior to tenant occupancy. Current rents $4095/month front unit and $2500/month back unit.
Location
10603 S Osage
Inglewood, Los Angeles, CA, 90304