Deal numbers
- Est. cap rate
- 4.4%
- Assumed rent, all units
- $6,810/mo
- Units
- 3
- Price per unit
- $311,667
- Est. annual NOI
- $40,860
- 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
- $77,634
- Operating expenses
- $38,817
- Net operating income
- $38,817
- Annual debt service
- $55,985
- Annual cash flow
- -$17,168
- Cash on cash return
- -7.3%
- Down payment
- $233,750
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
- 7
- Bathrooms
- 3
- Building size
- 3,118 sqft
- Lot size
- 7,789 sqft
- Year built
- 1924
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Wall/Window Unit(s),Evaporative Cooling
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 47
- MLS #
- 245831059
About this property
TRIPLEX DELIVERED VACANT|3 SEPARATE units Boyle Heights triplex with three separate buildings on a 7,789-square-foot lot. The property includes one 3-bedroom/1-bath unit and two 2-bedroom/1-bath units, for a total of seven bedrooms and three bathrooms. Approximately 3,118 square feet of living space. Property to be delivered vacant at closing. Convenient to Downtown Los Angeles and public transportation, with access to major freeways, shopping, dining and local amenities.
Location
1815 E 3rd
Los Angeles, Los Angeles, CA, 90033