Contact Our Agent

1000 characters left

16677 Stone Oak Park, Los Angeles, CA 90049

Property price: $4,999,000 + Closing costs
pending
Luxury home in Los Angeles with a high yield and a high potential for improvement
The investor is required to put down 40 % with 60% bank financing with 4%-5% interest .
Option to purchase with the CLA model.
  • Status: Pending
  • Year Built: 2001
  • SF: 6,749 sqft
  • Lot size: 1.67 acres
  • Bedrooms: 5
  • Bathrooms: 6
  • Garage/Parking: Garage
  • Heating: Yes
  • Central air: Yes
  • Pool: Yes
  • Jacuzzi: Yes
  • Tennis Court: Yes
  • Sauna: Yes
  • Roof top Terrace: Yes
  • Financial details

  • Monthly Rent: $25,000
  • Expected Monthly Fee For Short Terms Rentals: $50,000
  • Annual Gross Rent: $600,000
  • Annual Property Tax: $62,487.5
  • Annualy estimated insurance: $4,999
  • Annual Pool Maintenance: $2,000
  • Annual Garden Maintenance: $2,000
  • Live In Maid: $30,000
  • Other Expenses (Maintenance): $12,000
  • Total Annual Expenses: $113,486.5
  • Net Income Without Funding: $486,512.5
  • Net Annual Return: 9.73%
  • Financial Expenses

  • 60% Loan To Property Price: $2,999,400
  • Equity: $1,999,600
  • Expected Interest: 4% fixed for 30 years
  • Monthly Return: $14,349.5
  • Annual Return: $172,194
  • Annual Interest Return: $55,854
  • Annual Principal Return: $116,340
  • Net Income After Financing Expenses: $254,319.5
  • Net Income After Financing Expense and Principal Return: $370,659.5
  • Return On Equity: 18.5%
Pacific Holdings
Real Estate Investments
877-324-6904
PACIFIC HOLDINGS | LOS ANGELES
6300 Wilshire Blvd #970
Los Angeles, CA 90048
invest@pacificholdingsgroup.com
Direct: 877-324-6904
Fax-877-282-8028