Deal numbers
- Est. cap rate
- 2.8%
- Assumed rent, all units
- $9,150/mo
- Units
- 3
- Price per unit
- $649,667
- Est. annual NOI
- $54,900
- 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
- $104,310
- Operating expenses
- $52,155
- Net operating income
- $52,155
- Annual debt service
- $116,701
- Annual cash flow
- -$64,546
- Cash on cash return
- -13.2%
- Down payment
- $487,250
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
- 7
- Bathrooms
- 6
- Building size
- 3,245 sqft
- Lot size
- 6,660 sqft
- Year built
- 1952
- Stories
- 1
- Garage spaces
- 2
- Style
- Contemporary
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 69
- MLS #
- 241406850
About this property
Three unit rental property with income of close to $10,000 a month.featuring a beautifully renovated front house complemented by two newer elegant units in the back.This versatile setup is perfect for an owner user or investor looking for prime real estate,The front home has been completely transformed with modern finishes and top of the line appliances.Enjoy the spacious living room with laminate flooring,Recessed lighting .Unit #1 This stunning unit First floor offers 2 bedrooms and 2 bathrooms along with convenient one car garage.Its contemporary design and layout maximize and comfort.Unit #2 Upstairs The larger unit features 3 bedrooms and 2 bathrooms ,aiso with a one car garage.Unit boosted with two balconies.Conveniently situated near CSUN University this property is ideal for students,faculty,or anyone seeking proximity to campus life.This exceptional property offers endless possibility-whether you're looking to live in one unit and rent the others or invest in a lucrative rental opportunity don't miss to see this must have property.
Location
9033 Lindley Avenue
Northridge, Los Angeles, CA, 91325