Deal numbers
- Est. cap rate
- 2.3%
- Assumed rent, all units
- $3,600/mo
- Units
- 2
- Price per unit
- $460,000
- Est. annual NOI
- $21,600
- 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
- $41,040
- Operating expenses
- $20,520
- Net operating income
- $20,520
- Annual debt service
- $55,087
- Annual cash flow
- -$34,567
- Cash on cash return
- -15.0%
- Down payment
- $230,000
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
- 1,615 sqft
- Lot size
- 5,156 sqft
- Year built
- 1916
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 28
- MLS #
- 246261752
About this property
Property Totally Renovated with the proper Permits. Front Unit consists of 3 bedroom and 2 bath and the Back Unit is 2 bedroom and 1 Bath. Centrally located in a very desirable area of Los Angeles. Both Units have the new Split System for Cooling and Heating . Both units have been rehabbed and look great. Also, Per seller new stove will be installed in both units. Near Main Colleges and Transportations.
Location
1620 E 33rd
Los Angeles, Los Angeles, CA, 90011