Deal numbers
- Est. cap rate
- 5.1%
- Assumed rent, all units
- $7,280/mo
- Units
- 4
- Price per unit
- $214,750
- Est. annual NOI
- $43,680
- 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
- $82,992
- Operating expenses
- $41,496
- Net operating income
- $41,496
- Annual debt service
- $51,435
- Annual cash flow
- -$9,939
- Cash on cash return
- -4.6%
- Down payment
- $214,750
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
- 2,868 sqft
- Lot size
- 7,494 sqft
- Year built
- 1912
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 43
- MLS #
- 245508156
About this property
Awesome Investment Opportunity! This well-maintained quadruplex consists of three separate buildings—two single-story buildings and one two-story building. Each unit features 2 bedrooms and 1 bathroom, with separate water heaters and individual gas and electric meters. parking for up to six vehicles, plus ample street parking. Ideally located in a prime Los Angeles neighborhood with easy access to major freeways, public transportation, shopping, dining, entertainment, and employment centers. Please do not disturb the tenants. Drive-by only. Offers are subject to interior inspection.
Location
2742 Cincinnati
Los Angeles, Los Angeles, CA, 90033