Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $5,160/mo
- Units
- 3
- Price per unit
- $416,963
- Est. annual NOI
- $30,960
- 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
- $58,824
- Operating expenses
- $29,412
- Net operating income
- $29,412
- Annual debt service
- $74,900
- Annual cash flow
- -$45,488
- Cash on cash return
- -14.5%
- Down payment
- $312,722
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
- 3,807 sqft
- Lot size
- 9,903 sqft
- Year built
- 1908
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 26
- MLS #
- 247427783
About this property
TriPlex in most desirable area of Lincoln Heights, Front Unit is a two story, 3Bedrooms,Laundryroom,cellar,Den/Study,Living Room,Dinning Room.Kitchen. The other two units are 2 Bedrooms and One Bathroom, each unit has a Kitchen,Dinning and Living Rqooms with indoor Laundry Area. Currently all units are rented. Triplex located in culturally diverse,Historically rich neighborhood. Close to Los Angeles downtown. Close to Los Angeles County/USC Medical Center,close proximity to major Transportation including city center. All units are seperately metered for electric and gas. Drive by Only.Please do not disturb the TENANTS Make Offers subject to interior inspection. Make offers subject to inside inspection
Location
2231 Eastlake
Los Angeles, Los Angeles, CA, 90031