Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $7,800/mo
- Units
- 2
- Price per unit
- $650,000
- Est. annual NOI
- $46,800
- 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
- $88,920
- Operating expenses
- $44,460
- Net operating income
- $44,460
- Annual debt service
- $77,840
- Annual cash flow
- -$33,380
- Cash on cash return
- -10.3%
- Down payment
- $325,000
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
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Building size
- 1,780 sqft
- Lot size
- 6,705 sqft
- Year built
- 1949
- Stories
- 1
- Garage spaces
- 2
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 60
- MLS #
- 245114439
About this property
Charming duplex in the city of Burbank! Each unit has 2 bedrooms and 1 bathroom, and their own separate meters for electric and gas. Properties are detached with their own yards for added privacy. Great opportunity to own in the city of Burbank either as a homeowner or an investor as this is a highly desired area for the media and entertainment industry! This duplex is centrally located to shopping centers, schools, parks and easy freeway access.
Location
155 N Florence
Burbank, Los Angeles, CA, 91505