Deal numbers
- Est. cap rate
- 3.8%
- Assumed rent, all units
- $10,760/mo
- Units
- 4
- Price per unit
- $423,750
- Est. annual NOI
- $64,560
- 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
- $122,664
- Operating expenses
- $61,332
- Net operating income
- $61,332
- Annual debt service
- $101,492
- Annual cash flow
- -$40,160
- Cash on cash return
- -9.5%
- Down payment
- $423,750
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 2,311 sqft
- Lot size
- 7,108 sqft
- Year built
- 1922
- Stories
- 1
- Garage spaces
- 0
- Heating
- Central
- Pool
- None
- Status
- Active
- Days on market
- 181
- MLS #
- 239142317
About this property
Remodeled Quadruplex Craftsman Style Units in fantastic central Glendale location. this open concept units have been completely remodeled and have new recessed lighting, vaulted ceilings, new hardwood style floors, double pane windows and blinds. Gorgeous kitchen features grey quartz countertops, new cabinetry and new appliances including refrigerator, stove, microwave, dishwasher and stackable washer and dryer. Units have ceiling fans, mirrored closet doors and feature and en-suite baths.
Location
328 W California
Glendale, Los Angeles, CA, 91203