Deal numbers
- Est. cap rate
- 4.1%
- Assumed rent, all units
- $5,790/mo
- Units
- 3
- Price per unit
- $283,333
- Est. annual NOI
- $34,740
- 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
- $66,006
- Operating expenses
- $33,003
- Net operating income
- $33,003
- Annual debt service
- $50,896
- Annual cash flow
- -$17,893
- Cash on cash return
- -8.4%
- Down payment
- $212,500
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
- 2,852 sqft
- Lot size
- 7,078 sqft
- Year built
- 1928
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 27
- MLS #
- 247323791
About this property
1 BEDROOM 1 BATH VACANT AT COE Second 3 Bed Unit may Also Be Delivered VACANT. Depending on offer terms, a buyer may have the ability to control both the front 1-bedroom and one of the 3-bedroom units, creating major owner-user or repositioning upside. 1530 W 81st St is a rare 3-unit opportunity with the kind of vacancy flexibility buyers fight for. The property features a strong unit mix of (2)3+1 units and (1)1+1 unit, current income in place, on-site parking, and a clear path to improve cash flow from day one. For an owner-user or investor looking for a small multifamily asset with real upside, this one has the setup: income, vacancy, flexibility, and control.
Location
1530 W 81st Street
Los Angeles, Los Angeles, CA, 90047