
Deal numbers
- Est. cap rate
- 2.4%
- Assumed rent, all units
- $3,660/mo
- Units
- 2
- Price per unit
- $464,500
- Est. annual NOI
- $21,960
- 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
- $41,724
- Operating expenses
- $20,862
- Net operating income
- $20,862
- Annual debt service
- $55,626
- Annual cash flow
- -$34,764
- Cash on cash return
- -15.0%
- Down payment
- $232,250
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
- 3,089 sqft
- Lot size
- 6,088 sqft
- Year built
- 1922
- Stories
- 2
- Garage spaces
- 1
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249213776
About this property
Two great units minutes away from the 110 and 105 freeways. Centrally located, you'll find everything nearby! Front home features: Four bedrooms, two baths. Laminate floors at bedrooms and bathrooms, tile at kitchen. Plenty of driveway parking and garage! Rear unit was built in 2013 with 2000sqft, has 5 bedrooms, 3 baths with all new flooring. On the first floor you'll find a large living room, kitchen and dining room combo, a kitchen pantry, one bedroom and one bathroom. Upstairs features four bedrooms, two baths. This unit has two carport spaces with storage and also has access to alley. Both units have their own laundry closets.
Location
1024 W 87th
Los Angeles, Los Angeles, CA, 90044