Deal numbers
- Est. cap rate
- 4.1%
- Assumed rent, all units
- $7,560/mo
- Units
- 3
- Price per unit
- $366,667
- Est. annual NOI
- $45,360
- 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
- $86,184
- Operating expenses
- $43,092
- Net operating income
- $43,092
- Annual debt service
- $65,865
- Annual cash flow
- -$22,773
- Cash on cash return
- -8.3%
- Down payment
- $275,000
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
- 0 sqft
- Lot size
- 7,499 sqft
- Year built
- 1890
- Stories
- 2
- Garage spaces
- 3
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247532042
About this property
Excellent Glendale investment opportunity! Three-unit property offering strong value-add potential with below market rents and upside for the savvy investor. Convenient Glendale location with long-term income and appreciation potential. DRIVE BY ONLY - DO NOT DISTURB TENANTS.
Location
341 W Cypress
Glendale, Los Angeles, CA, 91204