Deal numbers
- Est. cap rate
- 3.2%
- Assumed rent, all units
- $8,070/mo
- Units
- 3
- Price per unit
- $500,000
- Est. annual NOI
- $48,420
- 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
- $91,998
- Operating expenses
- $45,999
- Net operating income
- $45,999
- Annual debt service
- $89,816
- Annual cash flow
- -$43,817
- Cash on cash return
- -11.7%
- Down payment
- $375,000
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
- 2,930 sqft
- Lot size
- 10,302 sqft
- Year built
- 1952
- Stories
- 1
- Garage spaces
- 2
- Heating
- Forced Air,Wall Furnace,See Remarks
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 38
- MLS #
- 246831170
About this property
Opportunity Pride of Ownership in Cypress 8777-8783 La Salle St, Cypress features 3 detached houses/ income property units on a large 10,162 flat lot on quiet cul-de-sac street! 8777 is a 3 bed, 1 bath front house with front yard, vinyl wood floors, bathroom with upgraded shower tiles, dual pane windows, 2019 water heater, wall furnace, 2 parking spaces (1 in front, 1 in back). 8779 is a 2 bed, 1 bath house (middle house) with Spanish style archways, forced air heating, update electrical panel, laminate wood floors, granite counters and updated cabinets in the kitchen, laundry room with water heater (water heater 2017), upgraded shower and tub in the bathroom, 1 carport parking space. 8783 is a 2 bed, 1 bath house (back house) featuring a private front porch, bay window, backyard lawn area, spacious living area, primary suite with attached bathroom, updated tub/ shower and tiled floor in bathroom, kitchen with tile floor, laundry room with 2022 water heater. Approximate sf of each house are: 996 sf, 1030 sf, 904 sf. Plus a detached 2 car garage in the back - approximately 440 sf. Excellent Cypress location with easy access to Buena Park Marketplace Shopping Center, Target, Home Depot, Walmart, Knott’s Berry Farm, Cypress College, the 605 freeway and more. Seller Carryback Financing is available! Seller will carry the note. Excellent opportunity for buyer! Capture this amazing opportunity today.
Location
8783 La Salle Street
Cypress, Orange, CA, 90630