Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $4,300/mo
- Units
- 2
- Price per unit
- $390,000
- 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
- $46,704
- Annual cash flow
- -$22,194
- Cash on cash return
- -11.4%
- Down payment
- $195,000
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
- 4
- Bathrooms
- 2
- Building size
- 1,378 sqft
- Lot size
- 5,120 sqft
- Year built
- 1922
- Stories
- 1
- Garage spaces
- 0
- Cooling
- None
- Pool
- None
- View
- City Lights
- Status
- Active
- Days on market
- 12
- MLS #
- 247501437
About this property
Great opportunity to own a duplex and take advantage of the benefits of owner-occupied living. Live comfortably in one unit while renting out the other to help offset your mortgage and ownership expenses. This property offers an ideal setup for homeowners looking to generate rental income while building long-term equity. It can also be a great option for investors seeking a two-unit property with multiple income possibilities. Main House 3beds/ 1bath, back Unit 1bed/ 1bath.
Location
215 76th Place
Los Angeles, Los Angeles, CA, 90003