Deal numbers
- Est. cap rate
- 2.4%
- Assumed rent, all units
- $8,130/mo
- Units
- 3
- Price per unit
- $683,333
- Est. annual NOI
- $48,780
- 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
- $92,682
- Operating expenses
- $46,341
- Net operating income
- $46,341
- Annual debt service
- $122,748
- Annual cash flow
- -$76,407
- Cash on cash return
- -14.9%
- Down payment
- $512,500
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
- 2,578 sqft
- Lot size
- 8,712 sqft
- Year built
- 1960
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249349561
About this property
Two Triplexes | Westside Costa Mesa 2195 & 2199 Pomona Avenue Rare opportunity to acquire two side-by-side triplexes in highly desirable Westside Costa Mesa, offered together as one six-unit residential income property. Each unit features two bedrooms and one bath, with a spacious, bright layout. The buildings offer mirrored floor plans and are arranged around a shared central driveway, creating a clean and functional property configuration. Well positioned near the best of Costa Mesa, including shopping, dining, beaches, major freeways, and employment centers, this is an excellent opportunity for an investor seeking a well-located multi-unit asset. Actual operating expenses available upon buyer request.
Location
2199 Pomona
Costa Mesa, Orange, CA, 92627