Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $5,460/mo
- Units
- 3
- Price per unit
- $416,667
- Est. annual NOI
- $32,760
- 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
- $62,244
- Operating expenses
- $31,122
- Net operating income
- $31,122
- Annual debt service
- $74,847
- Annual cash flow
- -$43,725
- Cash on cash return
- -14.0%
- Down payment
- $312,500
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
- 5,930 sqft
- Lot size
- 6,950 sqft
- Year built
- 1910
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249262592
About this property
Lot 6947 sqft, total 5930 sqft building size; Residential 2 story building 4130 sqft & mini mart size 1800 sqft in http://zimas.lacity.org/ ; Building 1; Year Built 1910 Number of Bedrooms 3 Number of Bathrooms 1 Building Square Footage 4,130.0 (sq ft) & Building 2 ; Year Built 1963 Building Class CX Building Square Footage 1,800.0 (sq ft) (currently owner rented as 11bed but 7bed are non permitted, Price listed lower then owner wanted but still negotiable in price)
Location
701 N Fickett
Los Angeles, Los Angeles, CA, 90033