Deal numbers
- Est. cap rate
- 4.5%
- Assumed rent, all units
- $7,680/mo
- Units
- 3
- Price per unit
- $340,000
- Est. annual NOI
- $46,080
- 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
- $87,552
- Operating expenses
- $43,776
- Net operating income
- $43,776
- Annual debt service
- $61,075
- Annual cash flow
- -$17,299
- Cash on cash return
- -6.8%
- Down payment
- $255,000
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
- Triplex
- Bedrooms
- 7
- Bathrooms
- 4
- Building size
- 3,335 sqft
- Lot size
- 4,619 sqft
- Year built
- 1978
- Stories
- 2
- Garage spaces
- 5
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 591
- MLS #
- 222302287
About this property
Large owners unit and duplex. One 3 bed, 2 bath unit and two 2 bed, 1 bath units with 5 garage spaces and laundry room. Very spacious and well maintained units. Each garage has a large storage space in the back. Great rental income. Perfect for owner occupant/ investor!!!
Location
6140 Orange Avenue
Long Beach, Los Angeles, CA, 90805