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: 800-403-3407
Contact Our Agent
7612 Willow Glen Rd, Los Angeles, CA 90046
Property price: $2,475,000 + Closing costs
- Status: For sale
- Year Built: 1999
- SF: 5,388sqft (500.56sqm)
- Lot size: 0.51acres (22,215.6sqft)
- Bedrooms: 4
- Bathrooms: 5
- Garage/Parking: Garage
- Heating: Yes
- Central air: Yes
- Pool: Yes
- Jacuzzi: Yes
- Sauna: Yes
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Financial details
- Monthly Rent: $10,760.88
- Expected Monthly Fee For Short Terms Rentals: $23,407.04
- Annual Gross Rent: $280,884.48
- Annual Property Tax: $28,088.33
- Annualy estimated insurance: $2,340.68
- Annual Pool Maintenance: $2,000
- Annual Garden Maintenance: $2,000
- Live In Maid: $30,000
- Other Expenses (Maintenance): $12,000
- Total Annual Expenses: $76,429.01
- Net Income Without Funding: $204,455.47
- Net Annual Return: 8.26%
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Financial Expenses
- 60% Loan To Property Price: $1,485,000
- Equity: $990,000
- 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: $74,003.47
- Net Income After Financing Expense and Principal Return: $117,508.34
- Return On Equity: 11.87%
Real Estate Investments
(800) 403-3407
(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
6300 Wilshire Blvd #970
Los Angeles, CA 90048
invest@pacificholdingsgroup.com
Direct: (800) 403-3407
Fax-877-282-8028