
Deal numbers
- Est. cap rate
- 2.4%
- Assumed rent, all units
- $6,930/mo
- Units
- 3
- Price per unit
- $566,667
- Est. annual NOI
- $41,580
- 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
- $79,002
- Operating expenses
- $39,501
- Net operating income
- $39,501
- Annual debt service
- $101,791
- Annual cash flow
- -$62,290
- Cash on cash return
- -14.7%
- Down payment
- $425,000
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
- 4
- Building size
- 2,730 sqft
- Lot size
- 7,499 sqft
- Year built
- 1907
- Stories
- 1
- Garage spaces
- 4
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249309059
About this property
3 Unit Residential income property plus a newly-built 1 br 1 ba ADU. Located in a nice, quiet neighborhood near Silver Lake and Echo Park. Close to Downtown Los Angeles. It has front security gate and automatic back gate. It has great income potential especially for investors. The property is surrounded with tropical fruts, it has a 2 -car detached garage and ample parking space for additional cars. All units have AC/heat, dishwasher and one of the units hs a patio. Close to shopping, restaurants, trnsportation and easy freeway access.
Location
1347 Mohawk
Los Angeles, Los Angeles, CA, 90026