Deal numbers
- Est. cap rate
- 5.1%
- Assumed rent, all units
- $5,490/mo
- Units
- 3
- Price per unit
- $216,666
- Est. annual NOI
- $32,940
- 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
- $62,586
- Operating expenses
- $31,293
- Net operating income
- $31,293
- Annual debt service
- $38,920
- Annual cash flow
- -$7,627
- Cash on cash return
- -4.7%
- Down payment
- $162,500
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
- 4
- Bathrooms
- 3
- Building size
- 1,857 sqft
- Lot size
- 5,588 sqft
- Year built
- 1947
- Stories
- 1
- Garage spaces
- 1
- Cooling
- None
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 1
- MLS #
- 244086980
About this property
ATTENTION INVESTORS!!! Dont miss out on this opportunity to add to your portfolio! There are 3-Units on this lot. Two 1 Bed/1 Bath Units and a 2 Bed/1 Bath Unit. Located only 10 minutes from So-Fi Stadium, the Kia Forum, Intuit Dome and a short drive to LAX! Not to mention the Garage, with possibilities of an ADU, meaning another unit and additional Income! Priced to Sell and ready for its new owner!
Location
1214 W 85th Street
Los Angeles, Los Angeles, CA, 90044