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$760,000
522 Simmons
Los Angeles, Los Angeles, 90022
Duplex · 2 units
Active · 60 days on market
Deal numbers
- Est. cap rate
- 2.9%
- Assumed rent, all units
- $3,640/mo
- Units
- 2
- Price per unit
- $380,000
- Est. annual NOI
- $21,840
- 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
- $41,496
- Operating expenses
- $20,748
- Net operating income
- $20,748
- Annual debt service
- $45,507
- Annual cash flow
- -$24,759
- Cash on cash return
- -13.0%
- Down payment
- $190,000
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
- 1,473 sqft
- Lot size
- 5,353 sqft
- Year built
- 1951
- Stories
- 1
- Garage spaces
- 2
- Pool
- None
- Status
- Active
- Days on market
- 60
- MLS #
- 245691395
About this property
Exceptional Opportunity to purchase 2 separate homes 1bed 1 bath w/ laundry room second unit 2bedroom 1 bath w/ laundry room with room to build an ADU. Montebello School District Schurr High School.
Location
522 Simmons
Los Angeles, Los Angeles, CA, 90022