Deal numbers
- Est. cap rate
- 3.5%
- Assumed rent, all units
- $9,480/mo
- Units
- 4
- Price per unit
- $408,750
- Est. annual NOI
- $56,880
- 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
- $108,072
- Operating expenses
- $54,036
- Net operating income
- $54,036
- Annual debt service
- $97,899
- Annual cash flow
- -$43,863
- Cash on cash return
- -10.7%
- Down payment
- $408,750
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 4,092 sqft
- Lot size
- 8,000 sqft
- Year built
- 1964
- Stories
- 2
- Garage spaces
- 0
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249110274
About this property
Great location in heart of Reseda. This is a perfect investor or owner occupied opportunity to own this four unit building with potential to bring in higher rents, This building include 4 unit two 2+2 and two 1+1 with comfortable space and open layout., and eight vehicle carport This prime location have a good potential for future development in this 8000 sqft lot. walking distance to supermarket restaurant Starbucks and lots of local business.
Location
6954 BAIRD
Reseda, Los Angeles, CA, 91335