Foreclosure Deal of the Week

3 Bedroom Townhome in Sherman Oaks

5455 Sylmar Ave #2401, Sherman Oaks, CA 91401

3 Bed / 3 Bath
1,376 Sq Ft
Asking Price $299,900

Wonderful end unit in fabulous Chandler Park Village complex! Spacious townhome features fantastic kitchen with stainless steel appliances and breakfast area, dining room overlooking spacious living room with fireplace, gorgeous wood and travertine floors, light and bright rooms, private patio and balcony, laundry inside, attached garage. Desirable Sherman Oaks complex with pools, spas, exercise room, clubhouse and more!

The last identical unit to sell in the complex sold for 355K! At full price, this will be over 15% lower and the lowest priced sale in this complex in years!

Projected Rental Scenario:
Purchase Price: $299,900
Down Payment: $89,970
Loan Amount: $209,930/span>

Monthly Expenses
Loan Payment: $1,126
Taxes (Est.): $312
HOA Dues: $372
Insurance: $20
Maintenance/Misc $60
Expenses Total: $1,890

Profit
Rental: $2,200
Profit: $310
Plus Principal: $260/month profit
Annual Profit $6,840

As a Percentage of Downpayment: 7%

Solid return for a very nice complex in high quality area! Also a nice unit for an owner-user. This will sell FAST – contact me for more information or a showing today!

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1 Comment

Ami Kosaka

very interested in this property.
Please let me know if this is still available…..thank you!

Reply