Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $3,600/mo
- Units
- 2
- Price per unit
- $299,500
- Est. annual NOI
- $21,600
- 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
- $41,040
- Operating expenses
- $20,520
- Net operating income
- $20,520
- Annual debt service
- $35,866
- Annual cash flow
- -$15,346
- Cash on cash return
- -10.2%
- Down payment
- $149,750
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
- 1,560 sqft
- Lot size
- 4,842 sqft
- Year built
- 1913
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247526658
About this property
Investment opportunity in Los Angeles! Really close to LA Coliseum, Science Center, LAFC Stadium. This tenant-occupied duplex offers two separate units with a total of approximately 1,560 sqft on a 4,842 sqft lot. The property features a total of 2 separate units. Front Unit is a 2 bedroom 1 bath and back unit is a 1 bedroom 1 bath recently remodeled. Conveniently located near shopping, schools, public transportation and major freeways. Great opportunity for an investor looking to add a Los Angeles income property to their portfolio. Back unit can be delivered vacant. Property is being sold with front Unit tenants in place. Offers subject to interior inspection.
Location
242 W 58th
Los Angeles, Los Angeles, CA, 90037