Est. cap rate

3.9%

Assumed rent, all units

$6,630/mo

Units

3

Price per unit

$342,000

Est. annual NOI

$39,780

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.

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

2,180 sqft

Lot size

14,810 sqft

Year built

1980

Stories

1

Garage spaces

3

Cooling

Central Air

Pool

None

View

Bluff,Lake,Hills

Status

Active

Days on market

213

MLS #

236555106

About this property

Exceptional Triplex Investment Opportunity Looking for a Smart Investment! This well-kept triplex is an ideal choice for prospective owners eager to generate rental income! Each unit offers: Two generous bedrooms, 1 bathroom. Separate single-car garage with laundry connections. Expansive private yards for relaxation and recreation. Central heating and air conditioning. Built to resemble single-family homes for a more homely atmosphere. Situated near the lake and Park, this property attracts tenants seeking tranquility with easy access to nature. Two units are currently leased, with one available for viewing Ready to be leased for instant revenue!

Location

33115 Evergreen Sreet

Lake Elsinore, Riverside, CA, 92530