Deal numbers
- Est. cap rate
- 4.0%
- Assumed rent, all units
- $9,880/mo
- Units
- 2
- Price per unit
- $737,500
- Est. annual NOI
- $59,280
- 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
- $112,632
- Operating expenses
- $56,316
- Net operating income
- $56,316
- Annual debt service
- $88,319
- Annual cash flow
- -$32,003
- Cash on cash return
- -8.7%
- Down payment
- $368,750
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
- 7
- Bathrooms
- 4
- Building size
- 3,100 sqft
- Lot size
- 6,112 sqft
- Year built
- 1944
- Stories
- 2
- Garage spaces
- 2
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 209
- MLS #
- 236676572
About this property
Don’t miss the fantastic opportunity in Burbank. Great duplex that could be used for a place for your parents or an adult child to live with you without living WITH you. Or great opportunity for an investor looking for a rental property. The front unit is a 2 bed 1 bath unit that is updated and the back unit is a spacious 5 bed 3 bath unit with a family room and a fireplace in the living room. Both units have laundry as well. All of this in a great quiet location in Burbank.
Location
531 N Niagara
Burbank, Los Angeles, CA, 91505