Deal numbers
- Est. cap rate
- 4.5%
- Assumed rent, all units
- $7,120/mo
- Units
- 4
- Price per unit
- $239,875
- Est. annual NOI
- $42,720
- 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
- $81,168
- Operating expenses
- $40,584
- Net operating income
- $40,584
- Annual debt service
- $57,452
- Annual cash flow
- -$16,868
- Cash on cash return
- -7.0%
- Down payment
- $239,875
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
- 2,224 sqft
- Lot size
- 6,407 sqft
- Year built
- 1920
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 62
- MLS #
- 245221078
About this property
Prime location, Great income property with the option to live in one Unit and collect rent from the other three units or as an investment property collecting rent from all 4 units; both options make numerical sense. Front house is a 3 Bedroom One Bath, then there is duplex in the middle with One Bedroom One Bathroom each and there is another House in the back with 2 Bedroom and 1 bathroom, Long driveway and Alley access from the back, Roof was installed less than 5 Years ago.
Location
2023 E 76th
Los Angeles, Los Angeles, CA, 90001