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$595,500
2222 W Olympic
Montebello, Los Angeles, 90640
Duplex · 2 units
Active · 60 days on market
Deal numbers
- Est. cap rate
- 4.3%
- Assumed rent, all units
- $4,280/mo
- Units
- 2
- Price per unit
- $297,750
- Est. annual NOI
- $25,680
- 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.
5.0%
50%
25%
7.00%
- Effective gross income
- $48,792
- Operating expenses
- $24,396
- Net operating income
- $24,396
- Annual debt service
- $35,657
- Annual cash flow
- -$11,261
- Cash on cash return
- -7.6%
- Down payment
- $148,875
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
- 988 sqft
- Lot size
- 2,491 sqft
- Year built
- 1948
- Stories
- 1
- Garage spaces
- 2
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- Status
- Active
- Days on market
- 60
- MLS #
- 246223087
About this property
Montebello! This duplex features two separate 1-bedroom, 1-bathroom units, each with its own 1-car garage. The rear unit includes exterior washer and dryer hookups. Property will be sold with the current long term tenants.
Location
2222 W Olympic
Montebello, Los Angeles, CA, 90640