Deal numbers
- Est. cap rate
- 3.2%
- Assumed rent, all units
- $4,500/mo
- Units
- 2
- Price per unit
- $424,500
- Est. annual NOI
- $27,000
- 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
- $51,300
- Operating expenses
- $25,650
- Net operating income
- $25,650
- Annual debt service
- $50,836
- Annual cash flow
- -$25,186
- Cash on cash return
- -11.9%
- Down payment
- $212,250
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
- Duplex
- Bedrooms
- 2
- Building size
- 1,158 sqft
- Lot size
- 4,401 sqft
- Year built
- 1919
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 5
- MLS #
- 246831408
About this property
Two separate houses in one lot. Front house in 1845 has 2 bed 1 bath. Back house 1845 1/2 has 2 bed 1 bath up to 5 parking in driveway. Big back space between two houses. Separate Electric meter and gas. Ideally for room expansion each or both houses and well maintained. Great Signal Hill City location with quiet neighborhood. Great place for exercise, jogging and walking uphill with the sky view over Long Beach and airport. Walking distance to elementary school, middle school and high school and not far from city college and Cal State LB. Convenience for restaurant, shopping center and Costco. Great for living in one and rent the other for good investment.
Location
1845 Dawson
Signal Hill, Los Angeles, CA, 90755