Deal numbers
- Est. cap rate
- 3.8%
- Assumed rent, all units
- $5,400/mo
- Units
- 3
- Price per unit
- $283,333
- Est. annual NOI
- $32,400
- 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
- $61,560
- Operating expenses
- $30,780
- Net operating income
- $30,780
- Annual debt service
- $50,896
- Annual cash flow
- -$20,116
- Cash on cash return
- -9.5%
- 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
- 3,070 sqft
- Lot size
- 6,058 sqft
- Year built
- 1993
- Stories
- 2
- Garage spaces
- 6
- Pool
- None
- Status
- Active
- Days on market
- 21
- MLS #
- 246061252
About this property
BUILD WEALTH** Rare 1993-built Los Angeles TRIPLEX featuring **THREE 3-bedroom, 1-bath units!** Great opportunity for an investor or an owner-occupant looking to combine homeownership with rental income. Approximately **3,070 sq. ft.**, ample parking, separate gas and electric meters, and **not subject to LA City RSO**. Convenient location near **Downtown LA, USC, shopping, schools and transportation.**
Location
1237 E 28th
Los Angeles, Los Angeles, CA, 90011