Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $6,510/mo
- Units
- 3
- Price per unit
- $500,000
- Est. annual NOI
- $39,060
- 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
- $74,214
- Operating expenses
- $37,107
- Net operating income
- $37,107
- Annual debt service
- $89,816
- Annual cash flow
- -$52,709
- Cash on cash return
- -14.1%
- Down payment
- $375,000
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
- 5
- Bathrooms
- 3
- Building size
- 2,466 sqft
- Lot size
- 4,942 sqft
- Year built
- 2017
- Stories
- 2
- Garage spaces
- 8
- Style
- Contemporary
- Heating
- Combination
- Cooling
- Dual,See Remarks
- Pool
- None
- View
- City Lights
- Status
- Active
- Days on market
- 617
- MLS #
- 226417453
About this property
Contemporary triplex located in the Silverlake/Echo Park area. 10 minutes away from DTLA and near historic Filipino town. Property was built in 2017 and features newer amenities. All units have split air conditioning. Two units are 2 bedrooms and 1 bath, one unit is 1 bedroom with a loft and 1 bath. Kitchens have granite counters. Floors are wood-like ceramic tiles or marble-like ceramic tiles. Two units include a balcony. 8 parking spaces and a security gate. High income, year-to-year lease contract. Please call for more details.
Location
2021 Miramar Street
Los Angeles, Los Angeles, CA, 90057