Deal numbers
- Est. cap rate
- 4.0%
- Assumed rent, all units
- $5,730/mo
- Units
- 3
- Price per unit
- $283,333
- Est. annual NOI
- $34,380
- 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
- $65,322
- Operating expenses
- $32,661
- Net operating income
- $32,661
- Annual debt service
- $50,896
- Annual cash flow
- -$18,235
- Cash on cash return
- -8.6%
- Down payment
- $212,500
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
- 1,946 sqft
- Lot size
- 5,315 sqft
- Year built
- 1947
- Stories
- 1
- Garage spaces
- 2
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 245677890
About this property
Prime South El Monte Rental Opportunity! Featuring 3 separate units, separately metered for gas and electricity. Ideal for investor seeking rental income, owner occupy one and collect supplemental rental income from the other 2 units or if you're looking to complete a 1031 exchange. Walking distance to Plaza Del Sol restaurants Habit Burger, Panda, Subway and Superior market, CVS & shops. Close to 60, 10 & 605 fwys.
Location
1949 Fruitvale
South El Monte, Los Angeles, CA, 91733