Deal numbers
- Est. cap rate
- 3.8%
- Assumed rent, all units
- $5,340/mo
- Units
- 3
- Price per unit
- $283,333
- Est. annual NOI
- $32,040
- 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
- $60,876
- Operating expenses
- $30,438
- Net operating income
- $30,438
- Annual debt service
- $50,896
- Annual cash flow
- -$20,458
- Cash on cash return
- -9.6%
- Down payment
- $212,500
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
- 2,592 sqft
- Lot size
- 9,769 sqft
- Year built
- 1946
- Stories
- 1
- Garage spaces
- 3
- Heating
- Central
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 248947881
About this property
NEW LISTING! Exceptional investment opportunity featuring a well-maintained triplex with three spacious 3-bedrooms and 1 bath. Long term tenants provide stable rental income and pay their own gas and electric utilities, with each unit separately metered. The property also features three detached garages, offering added value and potential for additional income. Large Lot with 9769 sq ft!!!
Location
1219 E 119th Street
Los Angeles, Los Angeles, CA, 90059