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8765 Appian Way, Los Angeles, CA 90046

Property price: $2,650,000 + Closing costs
pending
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: 2001
  • SF: 4,809 sqft
  • Lot size: 5,453 sqft
  • Bedrooms: 5
  • Bathrooms: 8
  • Garage/Parking: Garage
  • Heating: Yes
  • Central air: Yes
  • Pool: Yes
  • Jacuzzi: Yes
  • Financial details

  • Monthly Rent: $16,500
  • Expected Monthly Fee For Short Terms Rentals: $27,000
  • Annual Gross Rent: $324,000
  • Annual Property Tax: $31,800
  • Annualy estimated insurance: $2,650
  • Annual Pool Maintenance: $2,000
  • Annual Garden Maintenance: $2,000
  • Live In Maid: $30,000
  • Other Expenses (Maintenance): $12,000
  • Total Annual Expenses: $80,450
  • Net Income Without Funding: $243,550
  • Net Annual Return: 9.19%
  • Financial Expenses

  • 60% Loan To Property Price: $1,590,000
  • Equity: $1,060,000
  • Expected Interest: 4% fixed for 30 years
  • Monthly Return: $7,591
  • Annual Return: $91,092
  • Annual Interest Return: $29,420
  • Annual Principal Return: $61,672
  • Net Income After Financing Expenses: $152,458
  • Net Income After Financing Expense and Principal Return: $214,130
  • Return On Equity: 20.2%
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