Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $4,900/mo
- Units
- 2
- Price per unit
- $449,500
- Est. annual NOI
- $29,400
- 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
- $55,860
- Operating expenses
- $27,930
- Net operating income
- $27,930
- Annual debt service
- $53,830
- Annual cash flow
- -$25,900
- Cash on cash return
- -11.5%
- Down payment
- $224,750
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
- 1,985 sqft
- Lot size
- 7,503 sqft
- Year built
- 1915
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 248925030
About this property
READY TO MOVE IN DUPLEX ON A HUGE LOT! Own two homes on one gated property! The front unit features 3 bedrooms and 2 bathrooms, while the second unit offers 2 bedrooms and 2 bathrooms. Each unit has its own laundry room, A/C, and heating system. The solar panels are fully paid off! The expansive lot provides ample parking for multiple vehicles, with potential to build two additional ADUs (buyer to verify feasibility and requirements with the appropriate authorities).
Location
317 N Commonwealth Avenue
Los Angeles, Los Angeles, CA, 90004