Deal numbers
- Est. cap rate
- 3.7%
- Assumed rent, all units
- $5,940/mo
- Units
- 3
- Price per unit
- $325,000
- Est. annual NOI
- $35,640
- 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
- $67,716
- Operating expenses
- $33,858
- Net operating income
- $33,858
- Annual debt service
- $58,380
- Annual cash flow
- -$24,522
- Cash on cash return
- -10.1%
- Down payment
- $243,750
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
- 2,342 sqft
- Lot size
- 6,945 sqft
- Year built
- 1920
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 24
- MLS #
- 247104300
About this property
3-Unit Property in Prime Long Beach Location This unique single-story triplex offers strong rental potential and long-term upside. The front duplex includes a 4-bedroom and a 2-bedroom unit. A long private driveway provides 5 off-street parking spaces for added convenience. At the rear of the property sits a detached 4-bedroom home, offering generous living space and privacy. Located in a desirable area of Long Beach, this property is an ideal addition to any investor’s portfolio.
Location
2430 Atlantic
Long Beach, Los Angeles, CA, 90806