Deal numbers
- Est. cap rate
- 4.7%
- Assumed rent, all units
- $5,460/mo
- Units
- 3
- Price per unit
- $233,000
- Est. annual NOI
- $32,760
- 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
- $62,244
- Operating expenses
- $31,122
- Net operating income
- $31,122
- Annual debt service
- $41,854
- Annual cash flow
- -$10,732
- Cash on cash return
- -6.1%
- Down payment
- $174,750
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
- 1,553 sqft
- Lot size
- 5,485 sqft
- Year built
- 1926
- Stories
- 1
- Garage spaces
- 0
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 381
- MLS #
- 242895596
About this property
Great investment opportunity in East Los Angeles..... 3 detached units. 1553 square feet. One unit with 2 bedrooms and 1 bath, second unit offers 1 bedroom and 1 bath, and third unit is a studio . Near shops, schools, restaurants and easy access to freeways. Please DO NOT DISTURB OCCUPANTS. DRIVE BY ONLY.
Location
606 S Kern Avenue
East Los Angeles, Los Angeles, CA, 90022