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$1,199,000
1291 E 40th
Los Angeles, Los Angeles, 90011
Quadruplex · 4 units
Active · 36 days on market
Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $7,200/mo
- Units
- 4
- Price per unit
- $299,750
- Est. annual NOI
- $43,200
- 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.
5.0%
50%
25%
7.00%
- Effective gross income
- $82,080
- Operating expenses
- $41,040
- Net operating income
- $41,040
- Annual debt service
- $71,793
- Annual cash flow
- -$30,753
- Cash on cash return
- -10.3%
- Down payment
- $299,750
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
- 2,446 sqft
- Lot size
- 5,191 sqft
- Year built
- 1906
- Stories
- 1
- Garage spaces
- 0
- Heating
- Wall Furnace
- Pool
- None
- Status
- Active
- Days on market
- 36
- MLS #
- 245580434
About this property
Four unit building. Three units and an approved ADU. All Occupied. Front house and most units have been recently upgraded. Great rent rates and fully occupied.
Location
1291 E 40th
Los Angeles, Los Angeles, CA, 90011