
Deal numbers
- Est. cap rate
- 2.7%
- Assumed rent, all units
- $6,240/mo
- Units
- 3
- Price per unit
- $462,667
- Est. annual NOI
- $37,440
- 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
- $71,136
- Operating expenses
- $35,568
- Net operating income
- $35,568
- Annual debt service
- $83,110
- Annual cash flow
- -$47,542
- Cash on cash return
- -13.7%
- Down payment
- $347,000
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
- 2,824 sqft
- Lot size
- 15,115 sqft
- Year built
- 1948
- Stories
- 1
- Garage spaces
- 2
- Pool
- None
- Status
- Active
- Days on market
- 27
- MLS #
- 246001870
About this property
First time on the market in 25 years. Three homes on a large lot, all with new roofs and paint and updated electrical panels and windows. The front two homes are 2 bedrooms and 1 bathroom units and the rear home is 3 BR with 1 3/4 BA. The large rear home has been extensively remodeled and includes new HVAC, windows, and a tankless water heater. All three units have private yards, patios, and parking. This property has been well-cared for and fully shows its pride of ownership.
Location
12037 Rio Hondo Parkway
El Monte, Los Angeles, CA, 91732