Deal numbers
- Est. cap rate
- 2.9%
- Assumed rent, all units
- $5,540/mo
- Units
- 2
- Price per unit
- $574,500
- Est. annual NOI
- $33,240
- 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
- $63,156
- Operating expenses
- $31,578
- Net operating income
- $31,578
- Annual debt service
- $68,799
- Annual cash flow
- -$37,221
- Cash on cash return
- -13.0%
- Down payment
- $287,250
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
- 5
- Bathrooms
- 3
- Building size
- 1,215 sqft
- Lot size
- 5,802 sqft
- Year built
- 1911
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Whole House Fan
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 63
- MLS #
- 245440833
About this property
Beautifully Remodeled 3 Bed, 2 Bath Home with Separate 2 Bed, 1 Bath ADU. Prime LA Location. Welcome to this freshly remodeled home in the heart of LA Featuring modern upgrades, this home offers comfort, style, and convenience. In the rear, a separate 2 Bed and 1 Bath ADU provides fantastic opportunity for extended family or rental income. Enjoy a spacious, fenced yard perfect for entertaining, plus ample parking for multiple vehicles. Conveniently located near shopping, dining and entertainment, this property is a must see. Don't miss out and schedule your private tour today.
Location
2619 Alice
Los Angeles, Los Angeles, CA, 90065