Deal numbers
- Est. cap rate
- 4.3%
- Assumed rent, all units
- $5,460/mo
- Units
- 3
- Price per unit
- $253,333
- Est. annual NOI
- $32,760
- 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
- $62,244
- Operating expenses
- $31,122
- Net operating income
- $31,122
- Annual debt service
- $45,507
- Annual cash flow
- -$14,385
- Cash on cash return
- -7.6%
- Down payment
- $190,000
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
- 2,610 sqft
- Lot size
- 7,202 sqft
- Year built
- 1923
- Stories
- 1
- Garage spaces
- 0
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 26
- MLS #
- 246687580
About this property
Triplex in the heart of Boyle Heights! great value-add investment opportunity! or scrape and build as many units as the city allows for maximum use of land! Located in one of LA's most in-demand market's zoned LAR4. This property sits right below Boyle Heights commercial corridor, surrounded by beloved local spots like La Monarca Bakery,Guisados, and La Parilla. also has great access to transit and proximity to 5,10 and 101 freeways as well as downtown Los Angeles
Location
400 N St Louis
Los Angeles, Los Angeles, CA, 90033