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3646 Potosi Ave, Studio City, CA 91604

Property price: $1,399,999 + Closing costs
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: 1989
  • SF: 4,784 Sqft
  • Lot size: 6,236 Sqft
  • Bedrooms: 4
  • Bathrooms: 4
  • Garage/Parking: Garage
  • Heating: Yes
  • Central air: Yes
  • Financial details

  • Monthly Rent: $8,000
  • Expected Monthly Fee For Short Terms Rentals: $16,000
  • Annual Gross Rent: $192,000
  • Annual Property Tax: $17,187.5
  • Annualy estimated insurance: $1,375
  • Annual Garden Maintenance: $2,000
  • Live In Maid: $30,000
  • Other Expenses (Maintenance): $12,000
  • Total Annual Expenses: $62,562.5
  • Net Income Without Funding: $129,437.5
  • Net Annual Return: 9.4%
  • Financial Expenses

  • 60% Loan To Property Price: $839,999.40
  • Equity: $559,999.60
  • Expected Interest: 4% fixed for 30 years
  • Monthly Return: $4,010
  • Annual Return: $48,120
  • Annual Interest Return: $33,328.33
  • Annual Principal Return: $14,791.67
  • Net Income After Financing Expenses: $81,317.50
  • Net Income After Financing Expense and Principal Return: $96,109.17
  • Return On Equity: 17.16%
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