
Deal numbers
- Est. cap rate
- 4.3%
- Assumed rent, all units
- $6,600/mo
- Units
- 3
- Price per unit
- $308,333
- Est. annual NOI
- $39,600
- 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
- $75,240
- Operating expenses
- $37,620
- Net operating income
- $37,620
- Annual debt service
- $55,386
- Annual cash flow
- -$17,766
- Cash on cash return
- -7.7%
- Down payment
- $231,250
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
- 1,541 sqft
- Lot size
- 5,500 sqft
- Year built
- 1952
- Garage spaces
- 5
- Heating
- Natural Gas
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 248932850
About this property
There are three one bedroom one bath units located on the subject property located at 10145 Mountair Avenue in Tujunga Ca. The three units are located on a 5502 square feet lot zoned at LARD1.5 with a total monthly income of $4782. Great location close to Foothill Blvd with access to all necessities. This property's adjacent house is also for sale at a reduced price of $925,000.IMPORTANT NOTE: SELLER PREFERS TO SELL BOTH ADJACENT PROPERTIES DESIGNATED AS 10143 AND 10145 MOUNTAIR AVENUE, FOR A LOWER PRICE OF $1,790,000. GREAT OPPORTUNITY FOR A LARGE FAMILY TO LIVE THERE AND COLLECT STEADY RENT FROM THE UNITS ON THE ADJACENT PROPERTY. SELLER VERY MOTIVATED. BRING ALL OFFERS.
Location
10145 Mountair Avenue
Los Angeles, Los Angeles, CA, 91042