
Deal numbers
- Est. cap rate
- 2.7%
- Assumed rent, all units
- $3,500/mo
- Units
- 2
- Price per unit
- $394,500
- Est. annual NOI
- $21,000
- 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
- $39,900
- Operating expenses
- $19,950
- Net operating income
- $19,950
- Annual debt service
- $47,243
- Annual cash flow
- -$27,293
- Cash on cash return
- -13.8%
- Down payment
- $197,250
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
- Building size
- 1,903 sqft
- Lot size
- 5,834 sqft
- Year built
- 1904
- Stories
- 1
- Garage spaces
- 0
- Heating
- Electric
- Cooling
- Electric
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247936612
About this property
Come take a look at this DUPLEX in the heart of East Los Angeles. Unit one 3 bedroom 1 bath fully remodeled. New floor, paint (interior & exterior), kitchen cabinets, countertops, bathroom vanity, light fixtures,doors, hardware, HVAC Electric Split Unit, and roof!! Back unit is a 2 bedroom 1 bath as well and spacious jsut needs tome TLC. Back unit is tenant occupied. Great oppurtunity to live in one and collect rent in the other or rent them both for investment! Located near freeways, plenty of shopping, and amazing eateries. Just minutes from DownTown Los Angeles! Must See!
Location
715 S Record
Los Angeles, Los Angeles, CA, 90023