
Deal numbers
- Est. cap rate
- 4.2%
- Assumed rent, all units
- $5,460/mo
- Units
- 2
- Price per unit
- $387,500
- Est. annual NOI
- $32,760
- 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
- $62,244
- Operating expenses
- $31,122
- Net operating income
- $31,122
- Annual debt service
- $46,405
- Annual cash flow
- -$15,283
- Cash on cash return
- -7.9%
- Down payment
- $193,750
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
- 3
- Bathrooms
- 2
- Building size
- 1,388 sqft
- Lot size
- 5,738 sqft
- Year built
- 1959
- Stories
- 1
- Garage spaces
- 0
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 73
- MLS #
- 237012390
About this property
A rare and versatile opportunity for investors or owner-occupants alike! This well-maintained property features two separate units, each with its own outdoor space. The front unit offers 2 bedrooms and 1 bathroom with a private front yard, while the vacant rear unit boasts a spacious 1 bedroom, 1 bathroom and its own backyard—perfect for entertaining or relaxing. An extensively updated driveway and a two-car carport add to the property’s appeal. Property offering both units to be vacant at close of escrow, private yard, and ample parking are hard to find—don’t let this one slip away!
Location
18535 Bryant
Northridge, Los Angeles, CA, 91324