Deal numbers
- Est. cap rate
- 4.4%
- Assumed rent, all units
- $8,880/mo
- Units
- 4
- Price per unit
- $299,700
- Est. annual NOI
- $53,280
- 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
- $101,232
- Operating expenses
- $50,616
- Net operating income
- $50,616
- Annual debt service
- $71,781
- Annual cash flow
- -$21,165
- Cash on cash return
- -7.1%
- Down payment
- $299,700
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 2,556 sqft
- Lot size
- 7,456 sqft
- Year built
- 1907
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 4
- MLS #
- 247691590
About this property
A great opportunity in the heart of Cypress Park. This property offers 4 units and about 2,556 square feet of living space on a 7,454 square foot lot. Less than 2 miles from Dodger Stadium, less than 10 minutes to Downtown LA, and right next to the 5 and 110 freeways. Nightingale Middle School is just around the corner and Loreto Elementary is a short walk away. Ideal for investors looking to add to their portfolio in a convenient, central location.
Location
3213 Huron
Los Angeles, Los Angeles, CA, 90065