Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $7,350/mo
- Units
- 3
- Price per unit
- $483,333
- Est. annual NOI
- $44,100
- 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
- $83,790
- Operating expenses
- $41,895
- Net operating income
- $41,895
- Annual debt service
- $86,822
- Annual cash flow
- -$44,927
- Cash on cash return
- -12.4%
- Down payment
- $362,500
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
- 2,616 sqft
- Lot size
- 7,508 sqft
- Year built
- 1938
- Stories
- 1
- Garage spaces
- 3
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- Status
- Active
- Days on market
- 62
- MLS #
- 243871489
About this property
"A rare and charming property on a quiet residential street in an up-and-coming city neighborhood with easy access to all major freeways. Located in the Koreatown area with markets, clinics, convenience stores, restaurants, and a post office nearby. The seller lives in the main unit at the front. All units are installed with wood floors. The main unit features a fully upgraded kitchen and bathrooms, meticulously maintained by the owner-occupant, ensuring the property is in pristine condition."
Location
120 N HOBART Boulevard
Los Angeles, Los Angeles, CA, 90004