Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $3,780/mo
- Units
- 2
- Price per unit
- $444,500
- Est. annual NOI
- $22,680
- 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
- $43,092
- Operating expenses
- $21,546
- Net operating income
- $21,546
- Annual debt service
- $53,231
- Annual cash flow
- -$31,685
- Cash on cash return
- -14.3%
- Down payment
- $222,250
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
- 1,456 sqft
- Lot size
- 7,439 sqft
- Year built
- 1947
- Stories
- 1
- Garage spaces
- 4
- Heating
- Ductless
- Cooling
- Ductless
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247384104
About this property
Upgraded Turnkey Duplex With Plans for 2 ADU's Included! Both units have been extensively remodeled and have updated kitchens, baths, and AC. Exterior and bones also received lots of updates. Very long term stable friendly tenants in place. Large lot with huge garage off back alley. Fully engineered plans for garage conversion to a 2bed/1bath and 1bed/1bath included. Good opportunity to acquire a stable asset with lots of upside.
Location
1424 252nd Street
Harbor City, Los Angeles, CA, 90710