
Deal numbers
- Est. cap rate
- 4.2%
- Assumed rent, all units
- $6,980/mo
- Units
- 2
- Price per unit
- $499,500
- Est. annual NOI
- $41,880
- 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
- $79,572
- Operating expenses
- $39,786
- Net operating income
- $39,786
- Annual debt service
- $59,817
- Annual cash flow
- -$20,031
- Cash on cash return
- -8.0%
- Down payment
- $249,750
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
- 2
- Building size
- 2,033 sqft
- Lot size
- 5,858 sqft
- Year built
- 1959
- Stories
- 1
- Garage spaces
- 0
- Style
- Traditional
- Heating
- Wall Furnace,Central
- Cooling
- Central Air,Wall/Window Unit(s)
- Pool
- Private
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247651762
About this property
Prime “South of Blvd” duplex with a refreshing pool and a vacancy affording you an amazing opportunity to move right into the rear unit with your very own non-shared private rear yard with pool or rent out at fair market value and collect the mula! Each unit offering 2 bedrooms and 1 bath at appx 1,000 sq. ft. features hardwood flooring and cozy fireplaces. Units are individually metered for gas and electric and owner pays water. Shared laundry room and covered parking are ideal. This incredible locale places you mere moments to the Blvd in one direction and a serene canyon drive to the beautiful blue pacific in another. If you have any kiddos, these are some great schools too....Don’t miss!
Location
4768 Topanga Canyon Boulevard
Woodland Hills, Los Angeles, CA, 91364