Tuesday, February 5, 2008

Pasadena Residential Income $798,000


Total Units: 2

Year Built: 1948

Sqft:
2,514

Property Description: FRONT HOUSE HAS 4 BRS 3BAS CURRENT RENT IS $2450, APPROX 1800SQ.FT BACK UNIT IS 2 BR 2 BAS CURRENT RENT IS $ 1300. APPROX 750 SQ.FT. LARGE LOT.BOTH UNITS ARE NEWLY REMODELED. IT IS GOOD FOR OWNER OCCUPIED OR INVESTMENT.

Financial Analysis
Gross Schedule Income: $45,000
Operating Expense: $2,400
Net Operating Income: $42,600
Total Annual Operating Exp: $100
Separate Water Meters: 1
Separate Gas Meters: 2
Separate Electrical Meters: 2

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