Deal numbers
- Est. cap rate
- 4.4%
- Assumed rent, all units
- $3,660/mo
- Units
- 2
- Price per unit
- $250,000
- Est. annual NOI
- $21,960
- 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
- $41,724
- Operating expenses
- $20,862
- Net operating income
- $20,862
- Annual debt service
- $29,939
- Annual cash flow
- -$9,077
- Cash on cash return
- -7.3%
- Down payment
- $125,000
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
- 1,112 sqft
- Lot size
- 2,708 sqft
- Year built
- 1924
- Stories
- 1
- Garage spaces
- 1
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 21
- MLS #
- 247189166
About this property
Great duplex opportunity on a corner lot! Both units are detached, each offering 1 bedroom and 1 bathroom. Only one of the units is vacant which has recently been renovated with a newer kitchen, newer flooring, and fresh paint throughout, while the second unit is tenant occupied and being sold with tenants in place, this provides immediate rental income. The property includes an attached 1-car garage with potential for ADU conversion, subject to city approval and permits. Live in one unit and rent the other, or add value with future development potential.
Location
1049 W 67th
Los Angeles, Los Angeles, CA, 90044