Deal numbers
- Est. cap rate
- 2.7%
- Assumed rent, all units
- $6,870/mo
- Units
- 3
- Price per unit
- $500,000
- Est. annual NOI
- $41,220
- 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
- $78,318
- Operating expenses
- $39,159
- Net operating income
- $39,159
- Annual debt service
- $89,816
- Annual cash flow
- -$50,657
- Cash on cash return
- -13.5%
- 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
- 3
- Building size
- 3,123 sqft
- Lot size
- 9,214 sqft
- Year built
- 1956
- Stories
- 1
- Garage spaces
- 2
- Pool
- None
- Status
- Active
- Days on market
- 259
- MLS #
- 234208593
About this property
Great Income Producing Investment Opportunity! Garden Grove Triplex - (3) 2 Bedroom/1 Bathroom units. 3,123 Sqft Structure, 9,214 Sqft Lot. 6 Open Parking Spaces, 2 Single Car Garage. Separate Addresses, As Well As Separate Electric, Gas & Water Meters. Centrally Located In The Heart of Garden Grove, Near Freeways, Schools & Shopping. A $5552 Rental Income A Month, With Very Low Expenses. Please Do Not Disturb Tenants.
Location
12892 Adelle
Garden Grove, Orange, CA, 92841