Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $4,620/mo
- Units
- 2
- Price per unit
- $425,000
- Est. annual NOI
- $27,720
- 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
- $52,668
- Operating expenses
- $26,334
- Net operating income
- $26,334
- Annual debt service
- $50,896
- Annual cash flow
- -$24,562
- Cash on cash return
- -11.6%
- Down payment
- $212,500
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 sqft
- Lot size
- 4,500 sqft
- Year built
- 1913
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 42
- MLS #
- 245351809
About this property
Fixer, Fixer, Fixer... Discover this charming Duplex unit 2118 has a 2-bed 1-bath, 2120 has a 1-bed 1-bath, in the heart of Echo Park, one of Los Angeles' most sought-after neighborhoods! Just minutes from Dodger Stadium, Echo Park Lake, Elysian Park, Downtown LA, and the vibrant shops and restaurants along Sunset Boulevard. Whether you're a buyer looking to rehab your blank canvas or an investor seeking a prime opportunity, this location offers exceptional lifestyle, convenience, and long-term value. Please don't miss out on your chance to own in one of LA's hottest neighborhoods!
Location
2118 Scott
Los Angeles, Los Angeles, CA, 90026