Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $4,280/mo
- Units
- 2
- Price per unit
- $374,950
- Est. annual NOI
- $25,680
- 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
- $48,792
- Operating expenses
- $24,396
- Net operating income
- $24,396
- Annual debt service
- $44,902
- Annual cash flow
- -$20,506
- Cash on cash return
- -10.9%
- Down payment
- $187,475
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
- 1,210 sqft
- Lot size
- 5,383 sqft
- Year built
- 1950
- Stories
- 1
- Garage spaces
- 2
- Style
- Traditional
- Heating
- None
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 60
- MLS #
- 244968187
About this property
Income generating duplex - two houses on a lot with 2 car garages. front house 2-bedroom and 1 bath and back house 1-bedroom and 1 bath. Both houses will be delivered with tenants occupied. A long driveway can park up to 4 cars. There is space to add a ADU. The current tenants used both car garages as storage and it may possible to convert two car garages as new ADU or JR ADU.
Location
9620 Felton
Inglewood, Los Angeles, CA, 90301