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741 North Sierra Bonita Ave, Los Angeles, CA 90046

Property price: $2,975,000 + 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: Sold
  • Year Built: 2016
  • SF: 4,409sqft
  • Lot size: 6,499sqft
  • Bedrooms: 4
  • Bathrooms: 6
  • Garage/Parking: Garage
  • Heating: Yes
  • Central air: Yes
  • Pool: Yes
  • Jacuzzi: Yes
  • Sauna: Yes
  • Roof top Terrace: Yes
  • Financial details

  • Monthly Rent: $9,900
  • Expected Monthly Fee For Short Terms Rentals: $30,490
  • Annual Gross Rent: $365,880
  • Annual Property Tax: $38,112.5
  • Annualy estimated insurance: $3,049
  • Annual Pool Maintenance: $2,000
  • Annual Garden Maintenance: $2,000
  • Live In Maid: $30,000
  • Other Expenses (Maintenance): $12,000
  • Total Annual Expenses: $87,161.5
  • Net Income Without Funding: $278,718.5
  • Net Annual Return: 9.1%
  • Financial Expenses

  • 60% Loan To Property Price: $1,829,400
  • Equity: $1,219,600
  • Expected Interest: 4% fixed for 30 years
  • Monthly Return: $8,734
  • Annual Return: $104,808
  • Annual Interest Return: $33,850
  • Annual Principal Return: $70,958
  • Net Income After Financing Expenses: $173,910.5
  • Net Income After Financing Expense and Principal Return: $244,868.5
  • Return On Equity: 20%
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