Deal numbers
- Est. cap rate
- 4.5%
- Assumed rent, all units
- $5,490/mo
- Units
- 3
- Price per unit
- $241,667
- Est. annual NOI
- $32,940
- 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
- $62,586
- Operating expenses
- $31,293
- Net operating income
- $31,293
- Annual debt service
- $43,411
- Annual cash flow
- -$12,118
- Cash on cash return
- -6.7%
- Down payment
- $181,250
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
- 5,378 sqft
- Lot size
- 5,378 sqft
- Year built
- 1924
- Stories
- 2
- Garage spaces
- 0
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249109061
About this property
Great opportunity to own a triplex with 2 units to be delivered vacant and one tenant occupied and unit already generating rental income. Live in one unit and rent out the others, or add to your investment portfolio. The front unit needs some TLS, offering an opportunity to make it your own. The 2 rear units were built in 2008. Enjoy ample parking and outdoor space with each unit separately metered for ga, electricity and water. An excellent opportunity for first time homebuyers or investors looking to grow their portfolio!
Location
812 W Century
Los Angeles, Los Angeles, CA, 90044