Deal numbers
- Est. cap rate
- 2.2%
- Assumed rent, all units
- $3,600/mo
- Units
- 2
- Price per unit
- $499,950
- Est. annual NOI
- $21,600
- 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
- $41,040
- Operating expenses
- $20,520
- Net operating income
- $20,520
- Annual debt service
- $59,871
- Annual cash flow
- -$39,351
- Cash on cash return
- -15.7%
- Down payment
- $249,975
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
- 2,106 sqft
- Lot size
- 5,408 sqft
- Year built
- 1910
- Stories
- 1
- Garage spaces
- 1
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249373399
About this property
Great opportunity to own this spacious 2 ON A LOT in Los Angeles featuring a 3-bedroom, 2-bath front unit with an attached single and a 2-bedroom, 2-bath rear unit. The property includes a long driveway with ample parking, a garage for added convenience, and spacious front and back yards perfect for outdoor gatherings and entertaining. Ideal for owner-occupants or extended families looking for a multi-unit property with plenty of space and potential. Centrally located near the 110 fwy and minutes from DTLA.
Location
324 W 47th Place
Los Angeles, Los Angeles, CA, 90037