Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $4,540/mo
- Units
- 2
- Price per unit
- $399,998
- Est. annual NOI
- $27,240
- 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
- $51,756
- Operating expenses
- $25,878
- Net operating income
- $25,878
- Annual debt service
- $47,901
- Annual cash flow
- -$22,023
- Cash on cash return
- -11.0%
- Down payment
- $199,999
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
- 4
- Bathrooms
- 2
- Building size
- 1,673 sqft
- Lot size
- 5,312 sqft
- Year built
- 1946
- Stories
- 1
- Garage spaces
- 2
- Cooling
- Central Air
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 1
- MLS #
- 246569980
About this property
This duplex is a great opportunity for investors or owner-users. The property features a newer roof, updated bathroom, newer plumbing, and electrical upgrades; providing peace of mind and added value. Ample parking is a bonus and adds even more to the convenience and potential of the property. The units consist of a spacious 3-bedroom, 1-bathroom front unit and a 2-bedroom, 1-bathroom back unit, offering a desirable layout with excellent rental income potential.
Location
1438 S Woods
Los Angeles, Los Angeles, CA, 90022