Deal numbers
- Est. cap rate
- 2.8%
- Assumed rent, all units
- $4,620/mo
- Units
- 2
- Price per unit
- $500,000
- Est. annual NOI
- $27,720
- 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
- $52,668
- Operating expenses
- $26,334
- Net operating income
- $26,334
- Annual debt service
- $59,877
- Annual cash flow
- -$33,543
- Cash on cash return
- -13.4%
- 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
- 2,094 sqft
- Lot size
- 5,634 sqft
- Year built
- 1908
- Stories
- 2
- Garage spaces
- 2
- Style
- Traditional
- Heating
- Wall Furnace
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 3
- MLS #
- 247145487
About this property
GREAT OPPORTUNITY NEW PRICE. Property recently appraised by an independent appraiser, great location, quick access to downtown Los Angeles, Echo Park, easy freeways access locations to 101, 5, 110, 2. Downstairs unit consist of 3 bedrooms, 2 bath, formal dinning room plus a bonus room on the outside with bathroom and another room of the garage with bathroom, 2nd units upstairs is a very nice 2 bedroom 1 bath remodeled kitchen and bath, they are both owner occupied and both units are to be delivery vacant. Property needs some cosmetic work, excellent opportunity for a buyer looking to call this property home.
Location
228 Rosemont
Los Angeles, Los Angeles, CA, 90026