Deal numbers
- Est. cap rate
- 6.8%
- Assumed rent, all units
- $9,320/mo
- Units
- 4
- Price per unit
- $206,250
- Est. annual NOI
- $55,920
- 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
- $106,248
- Operating expenses
- $53,124
- Net operating income
- $53,124
- Annual debt service
- $49,399
- Annual cash flow
- $3,725
- Cash on cash return
- 1.8%
- Down payment
- $206,250
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
- 2,423 sqft
- Lot size
- 7,167 sqft
- Year built
- 1949
- Stories
- 2
- Garage spaces
- 4
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 1
- MLS #
- 248792044
About this property
Pride-of-Ownership 4 Unit property being for Sale in Van Nuys. Ease of management 1 Bedroom / 1 Bathroom units separately metered for Gas and Electricity. The property features a Newer Roof and generous list of capital improvements. Significant value-add opportunities with future rent capture and a potential to reposition the detached double car garages as possible redevelopment space. Additional comforts for the residents include a common laundry room and enclosed front and side yard spaces. Conveniently located near major transportation corridors, Shops, Schools and local amenities.
Location
7043 Hazeltine Avenue
Van Nuys, Los Angeles, CA, 91405