6150 Burwood Ave

투자기간

6

4

​개월

~

6150 Burwood Ave, Los Angeles, CA 90042, USA

예상 연 수익률

16.83%

이상 예상

투자시 예상 세전 수익금은

최소

$10,000

개월 동안

,

6

입니다.

개월 동안

최대

4

$841.40

$1,390.68

투자자 보호

​김원석 부동산 연대 보증

시공사 책임 준공 및 미이행 시 채무 인수

전담 관리 팀 배정 

상시 업데이트

Property Description

Property Details

Property Type

Size

1,383

sqft

Single family home nestled in the highly desirable area of Highland Park. Only 6 miles to Downtown LA, 4 miles to Pasadena, and 3 miles to Glendale. First time on the market for over 51 years, with one of the largest usable lots in the neighborhood. Property has tremendous potential with a huge private backyard, perfect for investors and contractors. Three great-sized bedrooms and two full baths. Spacious living room with faux fireplace. Large, open kitchen area with separate laundry room. Has a small dwelling in the back, but permit status is unknown. Detached two-car garage has a separate small covered patio area behind it, in addition to the covered patio behind the main house. Three large palm trees and several fruit bearing citrus trees in the back. Very close to many trendy restaurants, cafes, markets and bar off York Blvd and Colorado Blvd. Needs some TLC, but with the right buyer's vision and imagination this can be an incredible home. A unique opportunity to buy in one of LA's hottest neighborhoods.

Bedrooms

3

Bathrooms

2

Floors

Year Built

0.26 Acres

1921

Flip Estimate

All Cash

Hard Money

Hard Money+ Repair Loan

Dollars

Worse

Better

Purchase Price

$1,075,000

Purchase Closing Cost

$10,000

Finder's Fee

Cash Needed to Close

$15,000

$1,100,000

Rental Income

$0

Repairs

$150,000

Holding Months

6

Holding Costs

$12,900

Total Cash Needed

$1,262,900

Projected Resale Price

$1,500,000

Buyer Agent Commission

$30,000

Resale Closing Cost

$10,000

Repair Request

$20,000

Profit Before Split

$177,100

KRE Split 40%

$115,760

Net Profit on All Cash

Annual Return %

$106,260

16.83%

$1,075,000

$10,000

$15,000

$1,100,000

$0

$140,000

4

$8,600

$1,248,600

$1,600,000

$32,000

$10,000

$20,000

$289,400

$115,760

$173,640

41.72%

Couple Talking to Each Other

Worse

Better

Down Pay %

15.00%

15.00%

Down Pay Amount

$161,250

$161,250

Loan Amount

$913,750

$913,750

Monthly Mortgage

$5,711

$5,711

Total Mortgage Pay

$34,266

$22,844

Loan Fee (2%)

$18,275

$18,275

Loan Related Fees

$2,000

$2,000

Total Loan Expenses

$54,541

$43,119

Cash Needed to Close

$206,525

$206,525

Total Cash Needed

$403,691

$377,969

Profit Before Split

$122,559

$246,281

KRE Split 50%

$61,280

$123,141

Net Profit 

Annual Return %

$61,280

$123,141

30.36%

97.74%

Worse

Better

Down Pay %

Down Pay Amount

15.00%

$161,250

15.00%

$161,250

Loan Amount

$1,053,750

$1,053,750

Monthly Mortgage

$6,586

$6,586

Total Mortgage Pay

$39,516

$26,344

Loan Fee (2%)

$21,075

$21,075

Loan Related Fees

$4,000

$4,000

Total Loan Expenses

$64,591

$51,419

Repair Holdback

$50,000

$50,000

Cash Needed to Close

$261,325

$261,325

Total Cash Needed

$263,741

$246,269

Profit Before Split

$112,509

$237,981

$56,255

KRE Split 50%

$118,991

Net Profit 

Annual Return %

$56,255

$118,991

42.66%

144.95%

*THE FIGUERES ARE SUBJECT TO CHANGE. KIM REAL ESTATE DOES NOT GUARANTEE THE PROJECTION.

Property Location

6150 Burwood Ave, Los Angeles, CA 90042, USA

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