Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $4,280/mo
- Units
- 2
- Price per unit
- $425,000
- 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
- $50,896
- Annual cash flow
- -$26,500
- Cash on cash return
- -12.5%
- 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
- 2,253 sqft
- Lot size
- 5,621 sqft
- Year built
- 1906
- Stories
- 1
- Garage spaces
- 0
- Heating
- Natural Gas,Central
- Cooling
- None
- Pool
- None
- View
- Trees/Woods,Neighborhood
- Status
- Active
- Days on market
- 1
- MLS #
- 245463221
About this property
Two separate houses on one lot. One house 3BR 2BA and vacant and ready for move-in. Other home (2BR 1BA) is rented. Both homes are in good condition. Close to Los Angeles cruise terminal, freeway 110 and Thomas Vincent Bridge. Drive-by only and make appointment to see the vacant house. Buyer and buyer’s agent are encouraged to verify the property in every aspect and city permit. To be sold AS-IT
Location
204 W Santa Cruz
Los Angeles, Los Angeles, CA, 90731