Deal numbers
- Est. cap rate
- 2.2%
- Assumed rent, all units
- $9,660/mo
- Units
- 3
- Price per unit
- $866,667
- Est. annual NOI
- $57,960
- 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
- $110,124
- Operating expenses
- $55,062
- Net operating income
- $55,062
- Annual debt service
- $155,681
- Annual cash flow
- -$100,619
- Cash on cash return
- -15.5%
- Down payment
- $650,000
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
- 3,000 sqft
- Lot size
- 4,461 sqft
- Year built
- 1973
- Stories
- 2
- Garage spaces
- 0
- Style
- Cape Cod
- Heating
- Natural Gas,Central
- Cooling
- None
- Pool
- None
- View
- Ocean,City Lights,Hills,Panoramic
- Status
- Active
- Days on market
- 0
- MLS #
- 249102535
About this property
Ocean-View Triplex in Dana Point’s Lantern District! Located at 33882 Alcazar, this ocean-view triplex features two upper-level 2-bedroom, 1-bath units and one lower-level 2-bedroom, 2-bath unit. Balconies span the front of the upper units, offering the perfect setting to enjoy ocean and city views. The property also includes three covered carport spaces, one additional parking space, and a separate storage room. A standout opportunity to own a multi-unit property in Dana Point’s sought-after Lantern District!
Location
33882 Alcazar Drive
Dana Point, Orange, CA, 92629