Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $4,280/mo
- Units
- 2
- Price per unit
- $500,000
- Est. annual NOI
- $25,680
- 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
- $48,792
- Operating expenses
- $24,396
- Net operating income
- $24,396
- Annual debt service
- $59,877
- Annual cash flow
- -$35,481
- Cash on cash return
- -14.2%
- Down payment
- $250,000
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
- 2,748 sqft
- Lot size
- 7,502 sqft
- Year built
- 1947
- Stories
- 1
- Garage spaces
- 2
- Pool
- None
- Status
- Active
- Days on market
- 5
- MLS #
- 246994640
About this property
Oversized duplex in the heart of Inglewood. Front house has 2 bedrooms and 1 bathroom while the house at the rear has 3 bedrooms and 2 bathrooms. Excellent opportunity for potential income. Live in one while rent the other or rent them both out. Just minutes from SoFi Stadium, Intuit, Kia Forum, LAX, restaurants, and shopping. Conveniently situated near 405, 110, 105 and all freeways in between. Schedule private showing today. This property will not last.
Location
944 Kenwood
Inglewood, Los Angeles, CA, 90301