Deal numbers
- Est. cap rate
- 4.1%
- Assumed rent, all units
- $6,030/mo
- Units
- 3
- Price per unit
- $293,000
- Est. annual NOI
- $36,180
- 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
- $68,742
- Operating expenses
- $34,371
- Net operating income
- $34,371
- Annual debt service
- $52,632
- Annual cash flow
- -$18,261
- Cash on cash return
- -8.3%
- Down payment
- $219,750
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
- 1,358 sqft
- Lot size
- 2,385 sqft
- Year built
- 1922
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 229
- MLS #
- 239271375
About this property
This Triplex property is Centrally located within minutes to downtown long beach easy access to 405 & 710 freeways completed major renovation on this property with foundation, electrical, plumbing, gas line, Granite counter tops, backsplash in kitchen window covering heating units. It's a cozy cottage style with Separate gas and electric meters. Front unit is a 2 bed/2 bath inside laundry recessed lights ceiling. 926 1/2 E. 11th: Downstairs back unit is 1 bed/1 bath, 928 E. 11th: Upstairs back unit is 1 bed/1 bath fully remodeled. landscape, fruit trees, floor lighting throughout!
Location
926 E 11th
Long Beach, Los Angeles, CA, 90813