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
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%
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