Deal numbers
- Est. cap rate
- 4.9%
- Assumed rent, all units
- $7,600/mo
- Units
- 4
- Price per unit
- $231,250
- Est. annual NOI
- $45,600
- 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
- $86,640
- Operating expenses
- $43,320
- Net operating income
- $43,320
- Annual debt service
- $55,386
- Annual cash flow
- -$12,066
- Cash on cash return
- -5.2%
- Down payment
- $231,250
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 2,688 sqft
- Lot size
- 7,203 sqft
- Year built
- 1940
- Stories
- 1
- Garage spaces
- 4
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 21
- MLS #
- 246777381
About this property
This is a 4-unit building. Each unit has its own address, from 4474 to 4480 West 60th Street. Tenants currently occupy all units. All the units are 1 bedroom with 1 bathroom on the same or similar floorplan. There is a detached one-car garage for each unit. There is no on-site laundry room. The unit in the listing is 4480. This building is located approximately 3 miles from SoFi Stadium and the Forum.
Location
4474 W 60th
Los Angeles, Los Angeles, CA, 90043