Deal numbers
- Est. cap rate
- 3.7%
- Assumed rent, all units
- $5,250/mo
- Units
- 3
- Price per unit
- $283,333
- Est. annual NOI
- $31,500
- 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
- $59,850
- Operating expenses
- $29,925
- Net operating income
- $29,925
- Annual debt service
- $50,896
- Annual cash flow
- -$20,971
- Cash on cash return
- -9.9%
- Down payment
- $212,500
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
- 1,428 sqft
- Lot size
- 3,880 sqft
- Year built
- 1928
- Stories
- 1
- Garage spaces
- 2
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- Status
- Active
- Days on market
- 236
- MLS #
- 239039911
About this property
Three-unit income property located in Los Angeles. Excellent investment opportunity. Unit Breakdown: • Unit 1: 1 bedroom / 1 bathroom • Unit 2: 1 bedroom / 1 bathroom / 1-car garage • Unit 3 (detached): 2 bedrooms / 1 bathroom / 1-car garage Units are occupied by long-term tenants. Property is being sold strictly in its current “As-Is” condition. Seller will not make repairs or provide credits. Sale includes tenants in place. Subject to interior inspection. Buyer to cooperate with existing lease agreements. Buyer to independently verify all information including but not limited to square footage, permits, condition, current rents, and applicable regulations.
Location
656 S Mott
Los Angeles, Los Angeles, CA, 90023