Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $4,440/mo
- Units
- 2
- Price per unit
- $450,000
- Est. annual NOI
- $26,640
- 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
- $50,616
- Operating expenses
- $25,308
- Net operating income
- $25,308
- Annual debt service
- $53,890
- Annual cash flow
- -$28,582
- Cash on cash return
- -12.7%
- Down payment
- $225,000
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
- 4,840 sqft
- Lot size
- 4,840 sqft
- Year built
- 1923
- Stories
- 1
- Garage spaces
- 0
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 10
- MLS #
- 246294872
About this property
Great Investment opportunity Duplex in an upcoming neighborhood of Cypress Park, adjacent to Mount Washington. Unit 1: 3 bedrooms and 1 bathroom, indoor laundry. measures approx. 1,082 square feet of living space, Unit 2: 2 bedrooms and 1 bathroom, measures approx. 621 square feet. newer interior paint, in-door laundry. Lot size approx. 4840. Both units currently rented. Just minutes from Downtown LA, Dodger Stadium, and some of the area’s best coffee shops and restaurants.
Location
2805 Future Street
Los Angeles, Los Angeles, CA, 90065