Deal numbers
- Est. cap rate
- 2.4%
- Assumed rent, all units
- $6,870/mo
- Units
- 3
- Price per unit
- $566,667
- Est. annual NOI
- $41,220
- 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
- $78,318
- Operating expenses
- $39,159
- Net operating income
- $39,159
- Annual debt service
- $101,791
- Annual cash flow
- -$62,632
- Cash on cash return
- -14.7%
- Down payment
- $425,000
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
- 3,178 sqft
- Lot size
- 6,540 sqft
- Year built
- 1995
- Stories
- 4
- Garage spaces
- 0
- Heating
- Floor Furnace
- Pool
- None
- Status
- Active
- Days on market
- 42
- MLS #
- 245390464
About this property
Welcome to our beautiful building featuring 3 units, 7 bedrooms, and approximately 3,488 square feet of living space. This is an outstanding investment opportunity with a business tenant currently occupying the property, providing immediate income potential. Please do not disturb the tenant. All showings are by appointment only and must be scheduled through the listing agent. Buyers are encouraged to perform their own due diligence. Contact the listing agent for additional information and showing instructions.
Location
1123 N Alexandria
Los Angeles, Los Angeles, CA, 90029