Deal numbers
- Est. cap rate
- 2.8%
- Assumed rent, all units
- $3,440/mo
- Units
- 2
- Price per unit
- $375,000
- Est. annual NOI
- $20,640
- 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
- $39,216
- Operating expenses
- $19,608
- Net operating income
- $19,608
- Annual debt service
- $44,908
- Annual cash flow
- -$25,300
- Cash on cash return
- -13.5%
- Down payment
- $187,500
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
- Duplex
- Bedrooms
- 2
- Building size
- 1,816 sqft
- Lot size
- 4,804 sqft
- Year built
- 1964
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 248923499
About this property
Looking for a strong income property? 214 E 80th St delivers two separate homes on a single 4,800 sq ft lot in Los Angeles. The front residence offers 2 bedrooms and 1 bath with a comfortable living area and kitchen. The rear residence offers 3 bedrooms with bedrooms upstairs, giving more space for a larger household. With roughly 1,816 sq ft of combined living space and both units leased at a combined $4,836 per month, this duplex offers day-one cash flow for investors and a house-hacking path for owner-users who want one unit to help offset the mortgage. Close to schools, shopping, dining and commuter routes. Opportunities like this in Los Angeles don't come up often.
Location
214 E 80th
Los Angeles, Los Angeles, CA, 90003