Deal numbers
- Est. cap rate
- 2.7%
- Assumed rent, all units
- $9,800/mo
- Units
- 4
- Price per unit
- $550,000
- Est. annual NOI
- $58,800
- 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
- $111,720
- Operating expenses
- $55,860
- Net operating income
- $55,860
- Annual debt service
- $131,730
- Annual cash flow
- -$75,870
- Cash on cash return
- -13.8%
- Down payment
- $550,000
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
- Quadruplex
- Bedrooms
- 6
- Bathrooms
- 5
- Building size
- 3,024 sqft
- Lot size
- 7,258 sqft
- Year built
- 1914
- Stories
- 1
- Garage spaces
- 7
- Style
- Bungalow
- Heating
- Central
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 244967744
About this property
LOCATION, LOCATION,LOCATION. WELCOME TO OUR STYLISH 3BDR/2BA HOME IN THE HEART OF KOREATOWN AND HANCOCK PARK AREA. A GREAT OPPURTUNITY FOR FIRST TIME BUYERS AND INVESTORS. 3 UNITS AT THE BACK WHICH GIVES A PASSIVE INCOME MONTHLY. JUST MOVE RIGHT IN. LOCATED IN THE VICINITY OF LARCHMONT VILLAGE, MELROSE AND MIDWILSHIRE. GREAT REDEVELOPMENT AREA. A LOT OF GREAT POTENTIALS AND BUSINESS OPPURTUNITIES.
Location
4727 Oakwood Avenue
Los Angeles, Los Angeles, CA, 90004