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7317 Caverna Dr, Los Angeles, CA 90068

Property price: $1,750,000 + 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: 1978
  • SF: 3,617 Sqft
  • Lot size: 8,679 Sqft
  • Bedrooms: 4
  • Bathrooms: 5
  • Garage/Parking: Garage
  • Heating: Yes
  • Central air: Yes
  • Pool: Yes
  • Jacuzzi: Yes
  • Sauna: Yes
  • Roof top Terrace: Yes
  • Financial details

  • Monthly Rent: $12,000
  • Expected Monthly Fee For Short Terms Rentals: $17,500
  • Annual Gross Rent: $210,000
  • Annual Property Tax: $21,112
  • Annualy estimated insurance: $1,750
  • Annual Pool Maintenance: $2,000
  • Annual Garden Maintenance: $2,000
  • Live In Maid: $30,000
  • Other Expenses (Maintenance): $12,000
  • Total Annual Expenses: $68,802
  • Net Income Without Funding: $141,138
  • Net Annual Return: 8.06%
  • Financial Expenses

  • 60% Loan To Property Price: $1,050,000
  • Equity: $700,000‏
  • Expected Interest: 4% fixed for 30 years
  • Monthly Return: $5,013‏
  • Annual Return: $60,156
  • Annual Interest Return: $19,429
  • Annual Principal Return: $40,727
  • Net Income After Financing Expenses: $80,982
  • Net Income After Financing Expense and Principal Return: $121,709
  • Return On Equity: 17.38%
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