Deal numbers
- Est. cap rate
- 5.7%
- Assumed rent, all units
- $8,600/mo
- Units
- 4
- Price per unit
- $227,500
- Est. annual NOI
- $51,600
- 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
- $98,040
- Operating expenses
- $49,020
- Net operating income
- $49,020
- Annual debt service
- $54,488
- Annual cash flow
- -$5,468
- Cash on cash return
- -2.4%
- Down payment
- $227,500
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
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 4
- Building size
- 3,068 sqft
- Lot size
- 5,118 sqft
- Year built
- 1962
- Stories
- 2
- Garage spaces
- 0
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 246071439
About this property
Excellent quadruplex investment opportunity located in Los Angeles, featuring 4 separate units, each offering 2 bedrooms and 1 bathroom, for a total of 8 bedrooms and 4 bathrooms. Each unit is separately metered for gas and water, providing convenient utility separation for ownership and management. The property offers a functional unit mix and strong potential for an investor looking to add a multifamily property to their portfolio.
Location
209 E 62nd
Los Angeles, Los Angeles, CA, 90003