Deal numbers
- Est. cap rate
- 4.0%
- Assumed rent, all units
- $5,460/mo
- Units
- 2
- Price per unit
- $412,500
- Est. annual NOI
- $32,760
- 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
- $62,244
- Operating expenses
- $31,122
- Net operating income
- $31,122
- Annual debt service
- $49,399
- Annual cash flow
- -$18,277
- Cash on cash return
- -8.9%
- Down payment
- $206,250
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
- 7
- Bathrooms
- 2
- Building size
- 1,783 sqft
- Lot size
- 5,399 sqft
- Year built
- 1912
- Stories
- 2
- Garage spaces
- 0
- Style
- Craftsman
- Cooling
- None
- Pool
- None
- View
- City Lights,Neighborhood
- Status
- Active
- Days on market
- 101
- MLS #
- 245237556
About this property
Welcome to 207 W 85th Place—a meticulously maintained duplex offering versatility and strong income potential. This Craftsman-style property, built in 1912, seamlessly blends historic charm with modern updates. This property is in a quiet residential neighborhood, offering comfort and convenience. Its proximity to local schools, public transportation, and major freeways makes it an ideal location for tenants and homeowners alike. Whether you're an investor seeking a turnkey rental property or a homeowner looking for a residence with additional income potential, 207 W 85th Place presents a compelling opportunity.
Location
207 W 85TH PLACE
Los Angeles, Los Angeles, CA, 90003