Deal numbers
- Est. cap rate
- 3.1%
- Assumed rent, all units
- $9,240/mo
- Units
- 4
- Price per unit
- $444,500
- Est. annual NOI
- $55,440
- 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
- $105,336
- Operating expenses
- $52,668
- Net operating income
- $52,668
- Annual debt service
- $106,462
- Annual cash flow
- -$53,794
- Cash on cash return
- -12.1%
- Down payment
- $444,500
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
- Bathrooms
- 4
- Building size
- 4,151 sqft
- Lot size
- 7,002 sqft
- Year built
- 1907
- Stories
- 2
- Garage spaces
- 4
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 248662116
About this property
Conveniently located in the heart of Los Angeles, this property offers easy access to major freeways, shopping, dining, and everyday amenities. Enjoy a central location with convenient access to nearby employment centers, entertainment, and public transportation. A great opportunity for buyers or investors seeking a property in an established Los Angeles neighborhood.
Location
1417 3rd Avenue
Los Angeles, Los Angeles, CA, 90019