Deal numbers
- Est. cap rate
- 2.8%
- Assumed rent, all units
- $3,440/mo
- Units
- 2
- Price per unit
- $374,950
- Est. annual NOI
- $20,640
- 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
- $39,216
- Operating expenses
- $19,608
- Net operating income
- $19,608
- Annual debt service
- $44,902
- Annual cash flow
- -$25,294
- Cash on cash return
- -13.5%
- Down payment
- $187,475
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
- 2,202 sqft
- Lot size
- 5,401 sqft
- Year built
- 1912
- Stories
- 1
- Garage spaces
- 2
- Heating
- Wall Furnace
- Pool
- None
- Status
- Active
- Days on market
- 2
- MLS #
- 246898187
About this property
Priced for a quick sale!!! These 2 Units are located in prime Los Angeles, on a quiet street and in a great neighborhood. Remodeled 10 years ago. Front unit is 3 bedrooms, 1 bath with 1142 square feet and second house is a 2 bedroom 1 bath with 1060 square feet. This unit sits above the 2 car garage and is close to 66th St Elementary School, Bethune Park, Slauson Shopping Center and easy access to the 110 & 105 freeways.
Location
225 E 64th
Los Angeles, Los Angeles, CA, 90003