Deal numbers
- Est. cap rate
- 3.8%
- Assumed rent, all units
- $6,000/mo
- Units
- 3
- Price per unit
- $316,333
- Est. annual NOI
- $36,000
- 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
- $68,400
- Operating expenses
- $34,200
- Net operating income
- $34,200
- Annual debt service
- $56,823
- Annual cash flow
- -$22,623
- Cash on cash return
- -9.5%
- Down payment
- $237,250
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
- 4
- Building size
- 1,870 sqft
- Lot size
- 8,640 sqft
- Year built
- 1957
- Stories
- 1
- Garage spaces
- 3
- Heating
- Ductless
- Cooling
- Ductless
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 244388529
About this property
3 Unit Triplex Apartment conveniently located minutes from the 60Hwy. All 3 units were recently remodeled and updated with new flooring, new bathrooms and New HVAC. Each unit has a garage. Entire property is gated for security. There are a total of 4 tenants... all 3 unit are leased and part of the property is leased to the business next door. Property is turn-key and perfect for an investor to continue collecting rent.
Location
1330 S Reservoir Street
Pomona, Los Angeles, CA, 91766