Deal numbers
- Est. cap rate
- 4.2%
- Assumed rent, all units
- $12,520/mo
- Units
- 4
- Price per unit
- $450,000
- Est. annual NOI
- $75,120
- 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
- $142,728
- Operating expenses
- $71,364
- Net operating income
- $71,364
- Annual debt service
- $107,779
- Annual cash flow
- -$36,415
- Cash on cash return
- -8.1%
- Down payment
- $450,000
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
- 2,080 sqft
- Lot size
- 6,406 sqft
- Year built
- 1947
- Stories
- 1
- Garage spaces
- 4
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 240844107
About this property
Well-located 4-unit apartment building in the City of Burbank. Each unit is a 1-bedroom, 1-bath. Strong upside potential with and consistent demand for 1-bedroom units in the current market. Property is a model match to nearby 4-unit buildings in the immediate area. Ideal opportunity for first time or experienced investors seeking potential long-term growth. Close to major employment centers, studios, and public transportation including.
Location
1749 N Hollywood
Burbank, Los Angeles, CA, 91505