
Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $6,420/mo
- Units
- 3
- Price per unit
- $499,667
- Est. annual NOI
- $38,520
- 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
- $73,188
- Operating expenses
- $36,594
- Net operating income
- $36,594
- Annual debt service
- $89,756
- Annual cash flow
- -$53,162
- Cash on cash return
- -14.2%
- Down payment
- $374,750
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
- Triplex
- Bedrooms
- 3
- Building size
- 3,102 sqft
- Lot size
- 15,383 sqft
- Year built
- 1950
- Stories
- 1
- Garage spaces
- 4
- Pool
- None
- Status
- Active
- Days on market
- 517
- MLS #
- 227171345
About this property
This triplex offers a total of 3,102 square feet of living space, each with its own address, situated on a massive lot of over 15,383 square feet. The property consists of multiple rental units generating strong monthly income, great for investors seeking long-term returns or to develop. Each unit has a garage for parking and storage. All units are occupied with reliable income. Situated in a desirable Montebello neighborhood, this property is conveniently located near schools, shopping centers, and major freeways, ensuring easy access to all that the area has to offer
Location
932 S Montebello Boulevard
Montebello, Los Angeles, CA, 90640