Deal numbers
- Est. cap rate
- 3.8%
- Assumed rent, all units
- $5,250/mo
- Units
- 3
- Price per unit
- $273,000
- Est. annual NOI
- $31,500
- 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
- $59,850
- Operating expenses
- $29,925
- Net operating income
- $29,925
- Annual debt service
- $49,039
- Annual cash flow
- -$19,114
- Cash on cash return
- -9.3%
- Down payment
- $204,750
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
- 3
- Building size
- 1,799 sqft
- Lot size
- 5,200 sqft
- Year built
- 1941
- Stories
- 1
- Garage spaces
- 0
- Heating
- See Remarks
- Cooling
- See Remarks
- Pool
- None
- View
- City Lights
- Status
- Active
- Days on market
- 43
- MLS #
- 246871538
About this property
3 UNITS. 5 MINUTES FROM DOWNTOWN LA. $819,000. Seller discounted $ 30,000. off original price and still will give you 2 Vacancies and LOWER INTEREST RATES based on qualifications!! Looking for a multi-unit investment opportunity near Downtown L A ?? 3-Unit Investment Property ? 3 New Electrical Meters ?? More Importantly Where can you find 2 Units to Be Delivered Vacant ?? Front Unit Has a Private Yard ?? Back Unit is Separate and Has a Private Yard ?? Just minutes from Downtown LA
Location
1149 Orme Avenue
Los Angeles, Los Angeles, CA, 90023