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3200 Oakley Dr, Los Angeles, CA 90068

Property price: $2,410,000 + 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: 1950
  • SF: 4,600 sqft
  • Lot size: 1.6 acres (69,696 sqft)
  • Bedrooms: 4
  • Bathrooms: 5
  • Garage/Parking: Garage
  • Heating: Yes
  • Central air: Yes
  • Pool: Yes
  • Jacuzzi: Yes
  • Roof top Terrace: Yes
  • Financial details

  • Monthly Rent: $10,424
  • Expected Monthly Fee For Short Terms Rentals: $22,000
  • Annual Gross Rent: $264,000
  • Annual Property Tax: $28,920
  • Annualy estimated insurance: $2,410
  • Annual Pool Maintenance: $2,000
  • Annual Garden Maintenance: $2,000
  • Live In Maid: $30,000
  • Other Expenses (Maintenance): $12,000
  • Total Annual Expenses: $77,330
  • Net Income Without Funding: $186,670
  • Net Annual Return: 7.74%
  • Financial Expenses

  • 60% Loan To Property Price: $1,446,000
  • Equity: $964,000
  • Expected Interest: 4% fixed for 30 years
  • Monthly Return: $6,903
  • Annual Return: $82,836
  • Annual Interest Return: $26,749
  • Annual Principal Return: $56,087
  • Net Income After Financing Expenses: $103,834
  • Net Income After Financing Expense and Principal Return: $159,921
  • Return On Equity: 16.58%
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