Deal numbers
- Est. cap rate
- 3.8%
- Assumed rent, all units
- $7,230/mo
- Units
- 3
- Price per unit
- $383,333
- Est. annual NOI
- $43,380
- 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
- $82,422
- Operating expenses
- $41,211
- Net operating income
- $41,211
- Annual debt service
- $68,859
- Annual cash flow
- -$27,648
- Cash on cash return
- -9.6%
- Down payment
- $287,500
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
- 1,954 sqft
- Lot size
- 6,527 sqft
- Year built
- 1944
- Stories
- 1
- Garage spaces
- 2
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249020739
About this property
Triplex property featuring three units: two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each unit includes its own kitchen, with one featuring a kitchenette. Window air-conditioning units provide cooling. Additional features include a detached garage and a covered patio. Conveniently located near the 5 and 134 freeways, with easy access to the Los Angeles Zoo, Universal Studios Hollywood, and other popular local attractions, shopping,...
Location
609 S Main Street
Burbank, Los Angeles, CA, 91506