
Deal numbers
- Est. cap rate
- 2.2%
- Assumed rent, all units
- $6,630/mo
- Units
- 3
- Price per unit
- $599,667
- Est. annual NOI
- $39,780
- 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
- $75,582
- Operating expenses
- $37,791
- Net operating income
- $37,791
- Annual debt service
- $107,719
- Annual cash flow
- -$69,928
- Cash on cash return
- -15.5%
- Down payment
- $449,750
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
- 3
- Building size
- 3,712 sqft
- Lot size
- 5,663 sqft
- Year built
- 1964
- Stories
- 2
- Garage spaces
- 1
- Style
- Bungalow
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 248395992
About this property
Seize this rare opportunity to own a fully detached Midway City triplex—featuring a private 3-bed/2-bath single-family home and two detached townhouse-style 2-bed/1.5-bath units totaling 3,712 sq. ft., each with separate entrances, no common walls, individual electric and gas meters, indoor laundry, ample parking, and private living spaces—all set in an unbeatable Little Saigon location near premier shopping, dining, top-tier schools, major freeways, parks, and Huntington Beach, offering exceptional privacy, convenience, and long-term investment stability in one of Orange County’s most sought-after rental markets.
Location
8161 Elmore
Midway City, Orange, CA, 92655