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 CMA model.
Call us: 877-324-6904
Contact Our Agent
3016 Dona Susana Dr, Studio City, CA 91604
Property price: $2,749,000 + Closing costs
- Status: For sale
- Year Built: 1992
- SF: 6,745sqft (626.63sqm)
- Lot size: 0.4acres (17,424sqft)
- Bedrooms: 5
- Bathrooms: 6
- Garage/Parking: Garage
- Heating: Yes
- Central air: Yes
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Financial details
- Monthly Rent: $11,952.18
- Expected Monthly Fee For Short Terms Rentals: $25,998.37
- Annual Gross Rent: $311,980.38
- Annual Property Tax: $31,197.91
- Annualy estimated insurance: $2,599.81
- Annual Garden Maintenance: $2,000
- Live In Maid: $30,000
- Other Expenses (Maintenance): $12,000
- Total Annual Expenses: $77,797.72
- Net Income Without Funding: $234,182.66
- Net Annual Return: 8.52%
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Financial Expenses
- 60% Loan To Property Price: $1,649,400
- Equity: $1,099,600
- Expected Interest: 4% fixed for 30 years
- Monthly Return: $10,871
- Annual Return: $130,452
- Annual Interest Return: $86,947.13
- Annual Principal Return: $43,504.87
- Net Income After Financing Expenses: $103,730.66
- Net Income After Financing Expense and Principal Return: $147,235.54
- Return On Equity: 13.39%
Real Estate Investments
877-324-6904
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
6300 Wilshire Blvd #970
Los Angeles, CA 90048
invest@pacificholdingsgroup.com
Direct: 877-324-6904
Fax-877-282-8028