Deal numbers
- Est. cap rate
- 1.8%
- Assumed rent, all units
- $3,560/mo
- Units
- 2
- Price per unit
- $595,000
- Est. annual NOI
- $21,360
- 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
- $40,584
- Operating expenses
- $20,292
- Net operating income
- $20,292
- Annual debt service
- $71,254
- Annual cash flow
- -$50,962
- Cash on cash return
- -17.1%
- Down payment
- $297,500
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
- 3,714 sqft
- Lot size
- 6,482 sqft
- Year built
- 2020
- Stories
- 2
- Garage spaces
- 3
- Heating
- Central
- Pool
- None
- Status
- Active
- Days on market
- 2
- MLS #
- 246101728
About this property
Newer duplex featuring two spacious units, each offering 5 bedrooms and 4 bathrooms, plus a detached 3 car garage. Each unit provides generous living space and excellent rental potential. Ideal for an owner user looking to live in one unit while generating rental income from the other, or for investors seeking a strong income producing property. Conveniently located near major freeways, shopping centers, dining, and everyday amenities. A great opportunity to own a versatile duplex with excellent potential for both comfortable living and investment.
Location
1645 E 117th Street
Los Angeles, Los Angeles, CA, 90059