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$700,000
3510 S Gramercy
Los Angeles, Los Angeles, 90018
Duplex · 2 units
Active · 23 days on market
Deal numbers
- Est. cap rate
- 3.4%
- Assumed rent, all units
- $3,960/mo
- Units
- 2
- Price per unit
- $350,000
- Est. annual NOI
- $23,760
- 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.
5.0%
50%
25%
7.00%
- Effective gross income
- $45,144
- Operating expenses
- $22,572
- Net operating income
- $22,572
- Annual debt service
- $41,914
- Annual cash flow
- -$19,342
- Cash on cash return
- -11.1%
- 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
- 3
- Bathrooms
- 2
- Building size
- 2,022 sqft
- Lot size
- 5,204 sqft
- Year built
- 1924
- Stories
- 1
- Garage spaces
- 2
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 23
- MLS #
- 247510301
Location
3510 S Gramercy
Los Angeles, Los Angeles, CA, 90018