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2400 Benedict Canyon Dr, Beverly Hills, CA 90210

Property price: $2,445,000 + Closing costs
sold3
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: For sale
  • Year Built: 1936
  • SF: 4,172 sqft
  • Lot size: 0.71 acres (30,927 sqft)
  • Bedrooms: 5
  • Bathrooms: 4
  • Garage/Parking: Outside parking
  • Heating: Yes
  • Central air: Yes
  • Jacuzzi: Yes
  • Roof top Terrace: Yes
  • Financial details

  • Monthly Rent: $15,000
  • Expected Monthly Fee For Short Terms Rentals: $21,700
  • Annual Gross Rent: $260,400
  • Annual Property Tax: $29,340
  • Annualy estimated insurance: $2,445
  • Annual Garden Maintenance: $2,000
  • Live In Maid: $30,000
  • Other Expenses (Maintenance): $12,000
  • Total Annual Expenses: $75,785
  • Net Income Without Funding: $184,615
  • Net Annual Return: 7.55%
  • Financial Expenses

  • 60% Loan To Property Price: $1,467,000
  • Equity: $978,000
  • Expected Interest: 4% fixed for 30 years
  • Monthly Return: $7,003.7
  • Annual Return: $84,044
  • Annual Interest Return: $27,142
  • Annual Principal Return: $56,902
  • Net Income After Financing Expenses: $100,571
  • Net Income After Financing Expense and Principal Return: $157,473
  • Return On Equity: 16.10%
Pacific Holdings
Real Estate Investments
(800) 403-3407
PACIFIC HOLDINGS | LOS ANGELES
6300 Wilshire Blvd #970
Los Angeles, CA 90048
invest@pacificholdingsgroup.com
Direct: (800) 403-3407
Fax-877-282-8028