Deal numbers
- Est. cap rate
- 4.3%
- Assumed rent, all units
- $10,400/mo
- Units
- 4
- Price per unit
- $362,500
- Est. annual NOI
- $62,400
- 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
- $118,560
- Operating expenses
- $59,280
- Net operating income
- $59,280
- Annual debt service
- $86,822
- Annual cash flow
- -$27,542
- Cash on cash return
- -7.6%
- Down payment
- $362,500
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
- 2,661 sqft
- Lot size
- 6,689 sqft
- Year built
- 1951
- Stories
- 1
- Garage spaces
- 4
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 248960053
About this property
Incredible investment opportunity to own 4 units in the heart of Burbank that have been extensively upgraded with good income that have upside in rents. Recent electric panel upgrades for all units, roof replaced in 2022, copper plumbing, attic fully been insulted and extensive upgrades to the interior of the units. Unit mix- (2) 2 Bedroom units with 1 Bath and (2) 1 Bedroom units with 1 bath. Other amenities include (2) 2 car garages and community laundry. Built in 1951.
Location
2534 N Buena Vista Street
Burbank, Los Angeles, CA, 91504