Deal numbers
- Est. cap rate
- 3.2%
- Assumed rent, all units
- $5,850/mo
- Units
- 3
- Price per unit
- $365,000
- Est. annual NOI
- $35,100
- 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
- $66,690
- Operating expenses
- $33,345
- Net operating income
- $33,345
- Annual debt service
- $65,566
- Annual cash flow
- -$32,221
- Cash on cash return
- -11.8%
- Down payment
- $273,750
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
- 1,831 sqft
- Lot size
- 7,517 sqft
- Year built
- 1921
- Stories
- 1
- Garage spaces
- 2
- Pool
- None
- Status
- Active
- Days on market
- 152
- MLS #
- 247141560
About this property
Great opportunity for investors in the city of Bell! This well-maintained triplex features long-term, reliable tenants with all units currently occupied, providing immediate rental income. The property consists of one spacious 3-bedroom, 1-bathroom unit and two 1-bedroom, 1-bathroom units, offering a desirable unit mix. 2 of the units includes their own private garage, plus 8 additional parking spaces add convenience and value for tenants. Common areas feature a coin-operated laundry room, creating an additional income stream. Ideal for both seasoned investors and those looking to start building their portfolio—don’t miss this income-producing property in a high-demand rental area!
Location
6221 Heliotrope
Bell, Los Angeles, CA, 90201