Deal numbers
- Est. cap rate
- 5.3%
- Assumed rent, all units
- $6,420/mo
- Units
- 3
- Price per unit
- $243,000
- 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
- $43,650
- Annual cash flow
- -$7,056
- Cash on cash return
- -3.9%
- Down payment
- $182,250
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
- 1,584 sqft
- Lot size
- 5,000 sqft
- Year built
- 1923
- Stories
- 1
- Garage spaces
- 3
- Style
- Craftsman
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 240665677
About this property
Craftsman triplex with 3 detached garages. New roof recently and electrical has been upgraded. Each unit has it own service porch with laundry hookups. Below market rent provides for future upside potential. Short distance to the Marina and West Harbor waterfront.
Location
645 W 21st
San Pedro, Los Angeles, CA, 90731