Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $3,600/mo
- Units
- 2
- Price per unit
- $429,500
- 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
- $51,435
- Annual cash flow
- -$30,915
- Cash on cash return
- -14.4%
- Down payment
- $214,750
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
- 1,690 sqft
- Lot size
- 6,022 sqft
- Year built
- 1901
- Stories
- 1
- Garage spaces
- 1
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 246473940
About this property
Excellent Los Angeles Duplex opportunity situated on a quiet street near shopping, dining, major streets, and freeways. Featuring a spacious 3 bed/2 bath unit and a 2 bed/1 bath unit updated!. Plus a one-car garage, private backyard, patio, gated front yard, and ample parking, long driveway. Both units will be delivered VACANT!, offering excellent flexibility for investors or owner-occupants looking to offset their mortgage with rental income.
Location
651 E 53rd
Los Angeles, Los Angeles, CA, 90011