Deal numbers
- Est. cap rate
- 3.2%
- Assumed rent, all units
- $4,820/mo
- Units
- 2
- Price per unit
- $450,000
- Est. annual NOI
- $28,920
- 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
- $54,948
- Operating expenses
- $27,474
- Net operating income
- $27,474
- Annual debt service
- $53,889
- Annual cash flow
- -$26,415
- Cash on cash return
- -11.7%
- Down payment
- $225,000
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
- 2
- Building size
- 1,770 sqft
- Lot size
- 5,758 sqft
- Year built
- 1949
- Stories
- 1
- Garage spaces
- 2
- Heating
- See Remarks
- Cooling
- See Remarks
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 60
- MLS #
- 245584444
About this property
GREAT INVESTMENT FOR BUYERS AND INVESTORS! FIXER UPPER DETACHED DUPLEX sit on a corner lot offering massive potential. First unit has 1 bed/1bath and second unit 3 bed/1bath. Bring your contractor and imagination to unlock the true value of this parcel! Live on 1 and rent the other. Sold “As-Is” condition.
Location
364 W Providencia Ave
Burbank, Los Angeles, CA, 91506