
Deal numbers
- Est. cap rate
- 1.6%
- Assumed rent, all units
- $4,560/mo
- Units
- 2
- Price per unit
- $847,500
- Est. annual NOI
- $27,360
- 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
- $51,984
- Operating expenses
- $25,992
- Net operating income
- $25,992
- Annual debt service
- $101,492
- Annual cash flow
- -$75,500
- Cash on cash return
- -17.8%
- Down payment
- $423,750
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
- Duplex
- Bedrooms
- 2
- Building size
- 1,908 sqft
- Lot size
- 6,098 sqft
- Year built
- 1959
- Stories
- 1
- Garage spaces
- 2
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- Status
- Active
- Days on market
- 11
- MLS #
- 247573754
About this property
Rare opportunity to own a beautifully renovated triplex in the heart of Santa Ana! This fully remodeled property offers three separate units, making it an excellent opportunity for investors or owner-occupants looking for additional rental income. Thoughtfully updated throughout with a fresh, modern feel, the property is truly move-in ready. A detached 2-car garage and convenient alley access provide added parking and functionality. Centrally located near shopping, dining, schools, and major freeways, this turnkey triplex is ready for its next owner!
Location
2128 N Bristol
Santa Ana, Orange, CA, 92706