Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $3,900/mo
- Units
- 2
- Price per unit
- $324,500
- Est. annual NOI
- $23,400
- 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
- $44,460
- Operating expenses
- $22,230
- Net operating income
- $22,230
- Annual debt service
- $38,860
- Annual cash flow
- -$16,630
- Cash on cash return
- -10.2%
- Down payment
- $162,250
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
- Bathrooms
- 2
- Building size
- 1,022 sqft
- Lot size
- 4,787 sqft
- Year built
- 1934
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 4
- MLS #
- 247919272
About this property
CALLING ALL INVESTORS!! In the Heart of Bell!!!! INCREDIBLE opportunity to own a possible rental income property, Single Story Duplex Features Unit 1: 1 bedroom/ 1 bath & Unit 2: 1 Bedroom/1 Bath. Ample parking, Desirable area!! Large Lot! Close to Freeways, shopping, walking distance to elementary and High School. Property to be delivered with current tenants in place at close of escrow. Currently Tenants are on Month to month!!
Location
4305 Florence
Bell Gardens, Los Angeles, CA, 90201