Deal numbers
- Est. cap rate
- 3.7%
- Assumed rent, all units
- $4,300/mo
- Units
- 2
- Price per unit
- $350,000
- Est. annual NOI
- $25,800
- 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
- $49,020
- Operating expenses
- $24,510
- Net operating income
- $24,510
- Annual debt service
- $41,914
- Annual cash flow
- -$17,404
- Cash on cash return
- -9.9%
- Down payment
- $175,000
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
- 5
- Bathrooms
- 3
- Building size
- 2,004 sqft
- Lot size
- 5,131 sqft
- Year built
- 1928
- Stories
- 1
- Garage spaces
- 0
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- City Lights
- Status
- Active
- Days on market
- 2
- MLS #
- 247231215
About this property
Discover the perfect blend of flexibility and space in the heart of Los Angeles! This beautifully maintained property offers two distinct living spaces on one generous lot. Whether you're looking for extra space for loved ones or a smart way to generate passive income, this setup delivers. The main unit boasts a spacious 3-bedroom, 1.5-bath layout, while the secondary unit offers a comfortable 2-bedroom, 1-bath retreat. Outside, enjoy a private yard perfect for weekend BBQs, pets, or outdoor living. Opportunity knocks!
Location
218 E 60th Street
Los Angeles, Los Angeles, CA, 90003