
Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $6,900/mo
- Units
- 3
- Price per unit
- $541,333
- Est. annual NOI
- $41,400
- 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
- $78,660
- Operating expenses
- $39,330
- Net operating income
- $39,330
- Annual debt service
- $97,241
- Annual cash flow
- -$57,911
- Cash on cash return
- -14.3%
- Down payment
- $406,000
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
- 2,545 sqft
- Lot size
- 5,663 sqft
- Year built
- 1962
- Stories
- 1
- Garage spaces
- 0
- Style
- Contemporary
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 76
- MLS #
- 242990987
About this property
Remodeled Triplex. Two 2 bedrooms & 1 bathroom and a Studio. All three units have been upgraded in the last Two Years. Newer roof, Appliances, Electrical panel, Flooring, Windows, Etc.. All work done professionally and with Permits. Each unit has it's own Washer and Dryer. Each 2 Bedroom units has it's own private Front and Side yard. Great location near the Downtown Circle, Chapman University, Hospitals, Shopping and Restaurants. Please do not approach tenants or walk on property.
Location
335,337 E La Veta
Orange, Orange, CA, 92866