Deal numbers
- Est. cap rate
- 2.1%
- Assumed rent, all units
- $4,440/mo
- Units
- 2
- Price per unit
- $639,500
- 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
- $76,583
- Annual cash flow
- -$51,275
- Cash on cash return
- -16.0%
- Down payment
- $319,750
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
- 2,566 sqft
- Lot size
- 6,472 sqft
- Year built
- 1937
- Stories
- 1
- Garage spaces
- 0
- Style
- Craftsman
- Heating
- Central
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 6
- MLS #
- 246295779
About this property
Legal duplex featuring two separate houses on one lot located in desirable Cypress Park. Front unit offers 4 beds and 3 baths; rear unit offers 2 beds and 2 baths. Both units have been updated in 2018, open layouts, modern kitchens and baths, private yard spaces, gated parking for multiple cars, and in-unit laundry hookups. Both units are tenant occupied, offering an excellent income-producing opportunity.
Location
514 W River Street
Los Angeles, Los Angeles, CA, 90065