
Deal numbers
- Est. cap rate
- 3.5%
- Assumed rent, all units
- $6,220/mo
- Units
- 2
- Price per unit
- $537,500
- Est. annual NOI
- $37,320
- 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
- $70,908
- Operating expenses
- $35,454
- Net operating income
- $35,454
- Annual debt service
- $64,368
- Annual cash flow
- -$28,914
- Cash on cash return
- -10.8%
- Down payment
- $268,750
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
- 4
- Bathrooms
- 2
- Building size
- 2,050 sqft
- Lot size
- 6,000 sqft
- Year built
- 1949
- Stories
- 1
- Garage spaces
- 2
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247254226
About this property
Great opportunity to own a duplex in a desirable Sherman Oaks neighborhood. Each unit features 2 bedrooms, 1 bathroom, kitchen, separate dining area, large living room with fireplace, and in unit laundry. The property also includes a shared 2-car garage and outdoor space. Both units are currently tenant occupied, providing an excellent investment opportunity. Conveniently located near shopping, dining, transportation, and easy freeway access. A wonderful opportunity to own an income-producing property in a great Sherman Oaks location.
Location
5420 Kester
Sherman Oaks, Los Angeles, CA, 91411