Deal numbers
- Est. cap rate
- 2.8%
- Assumed rent, all units
- $4,000/mo
- Units
- 2
- Price per unit
- $425,000
- Est. annual NOI
- $24,000
- 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
- $45,600
- Operating expenses
- $22,800
- Net operating income
- $22,800
- Annual debt service
- $50,896
- Annual cash flow
- -$28,096
- Cash on cash return
- -13.2%
- Down payment
- $212,500
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
- 1,724 sqft
- Lot size
- 6,657 sqft
- Year built
- 1954
- Stories
- 1
- Garage spaces
- 3
- Pool
- None
- Status
- Active
- Days on market
- 47
- MLS #
- 246366563
About this property
A nice Duplex, Each 2 bedrooms/1 bath located in commercial zone but you can get Conventional loan. Very nice location & close to El Camino College, other Schools, Restaurants, shopping, hospital and freeways 110/405/91/105. Front house has laminated floor, bathroom tile and vanity, carpet and paint and back house is nice as well. Sold AS-IS in present condition.
Location
2322 Marine
Gardena, Los Angeles, CA, 90249