Deal numbers
- Est. cap rate
- 4.0%
- Assumed rent, all units
- $10,050/mo
- Units
- 3
- Price per unit
- $498,333
- Est. annual NOI
- $60,300
- 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
- $114,570
- Operating expenses
- $57,285
- Net operating income
- $57,285
- Annual debt service
- $89,516
- Annual cash flow
- -$32,231
- Cash on cash return
- -8.6%
- Down payment
- $373,750
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
- 6
- Bathrooms
- 5
- Building size
- 1,908 sqft
- Lot size
- 6,186 sqft
- Year built
- 1928
- Stories
- 1
- Garage spaces
- 0
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247439012
About this property
3 Unit Complex *** All Sitting On A 6,186sqft Lot * Main House - Fully Updated * 3 Bedrooms / 2 Bathrooms * 1,158sqft * Open Floor Plan * Living Room * Dining Area * Laminate Floors * Recessed Lighting * Central A/C & Heat * Washer/Dryer Hook-Ups * Patio *** ADU - 2 Bedrooms / 2 Bathrooms * 750sqft * Open Floor Plan * Living & Dining Area * Central A/C & Heat * Washer/Dryer Inside * ADU Is Equipped With Solar & Its Paid For *** Garage Also Converted To A Studio * Front Unit Is Paying $3900/m & Leased Ends Dec 2026 & The Garage Tenant Is Paying $1900/m, The ADU Is Currently Vacant But Was Collecting $3,300/m
Location
767 Fairmont Avenue
Glendale, Los Angeles, CA, 91203