Income Properties

Fixer - Upper meets Los Angeles!

What We Do:

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263 S Ave 51 Los Angeles CA 90041

Triplex

We purchased this property for $691,000 and spent $220,000 on rehab and holding costs. The current loan on the property is for $749,000, therefore $162,000 cash remaining in the property.

 

Monthly Expenses Monthly Income
Management: $600 2br/1ba: $2,678
Repairs: $100 2br/1ba: $2,800
Utilities: $95 1br/1ba: $2,400
Landscaping: $60   
Property taxes: $722  
Insurance: $81  
Interest: $2,555  
Total Monthly Expenses: Total Monthly Income:
$4,212.53 $7,878
Cash on Cash Return: Monthly Net Income:

27% annualized return

($43,980 on $162,000 cash)

$3,065.47
  Annual Net Income:

 

$43,980
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1412 Mount Pleasant St Los Angeles 90042

Triplex

We purchased this property for $860,000 and spent $235,000 on rehab and holding costs. The current loan on the property is for $645,000, therefore $450,000 cash remaining in the property.

 

Monthly Expenses Monthly Income
Management: $271.50 2br/1ba: $2,450
Repairs: $100 2br/1ba: $3,300
Utilities: $144 2br/1ba: $3,300
Landscaping: $100  
Property taxes: $849  
Insurance: $86  
Interest: $2,297  
Total Monthly Expenses: Total Monthly Income:
$3,847.50 $9,050
Cash on Cash Return: Monthly Net Income:

14% annualized return

($62,430 on $450,000 cash)

$5,202.50
  Annual Net Income:

 

$62,430
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3289 Perlita Ave Los Angeles 90039

Triplex

We purchased this property for $815,000 and spent $250,000 on rehab and holding costs. The current loan on the property is for $611,250, therefore $453,750 cash remaining in the property.

 

Monthly Expenses Monthly Income
Management:  2br/1ba: $3,400
Repairs: $100 1br/1ba: $2,500
Utilities: $269 1br/1ba: $2,400
Landscaping: $100  
Property taxes: $846  
Insurance: $127.50  
Interest: $2,755  
Total Monthly Expenses: Total Monthly Income:
  $8,300
Cash on Cash Return: Monthly Net Income:

11% annualized return

($49,230 on $453,750 cash)

$4,102.50
  Annual Net Income:

 

$49,230
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4930 N Maywood Ave Los Angeles

Triplex

We purchased this property for $697,500 and spent $210,000 on rehab and holding costs. The current loan on the property is for $540,000, therefore $367,500 cash remaining in the property.

 

Monthly Expenses: Monthly Income:
Management: $251.46 2br/1ba: $3,450
Repairs: $100 2br/1ba: $2,100
Utilities: $288 1br/1ba: $2,832
Landscaping: $100  
Property taxes: $739  
Insurance: $84  
Interest: $1,935.97  
Total Monthly Expenses: Total Monthly Income:
$3,498.43 $8,382
Cash on Cash Return: Monthly Net Income:

16% annualized return

($58,602.84 on $367,500 cash)

$4,883.57
  Annual Net Income:

 

$58,602.84
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233 E Avenue 38, Los Angeles

Triplex

We purchased this property for $645,000 and spent $290,000 on rehab and holding costs. The current loan on the property is for $600,000, therefore $335,000 cash remaining in the property.

 

Monthly Expenses: Monthly Income:
Management: $217.50 2br/1ba: $2,900
Repairs: $100 2br/1ba: $2,500
Utilities: $159 1br/1ba: $1,850
Landscaping: $100  
Property taxes: $680.50  
Insurance: $81  
Interest: $2,166.65  
Total Monthly Expenses: Total Monthly Income:
$3,504.65 $7,250
Cash on Cash Return: Monthly Net Income:

13% annualized return

($44,944.20 on $335,000 cash)

$3,745.35
  Annual Net Income:

 

$44,944.20
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2318 Ridgeview Ave Los Angeles

Fourplex

We purchased this property for $850,000 and spent $315,000 on rehab and holding costs. The current loan on the property is for $637,500, therefore $527,500 cash remaining in the property.

 

Monthly Expenses: Monthly Income:
Management: $235.50 1br/1ba: $1,900
Repairs: $100 1br/1ba: $2,000
Utilities: $300 1br/1ba: $2,000
Landscaping: $100 1br/1ba: $1,950
Property taxes: $507  
Insurance: $132  
Interest: $2,555  
Total Monthly Expenses: Total Monthly Income:
$3,929.50 $7,850
Cash on Cash Return: Monthly Net Income:

9% annualized return

($47,046 on $527,500 cash)

$3,920.50 
  Annual Net Income:

 

$47,046
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2016 Hauser Blvd Los Angeles

Triplex

We purchased this property for $935,000 and spent $190,000 on rehab and holding costs. The current loan on the property is for $997,500, therefore $127,500 cash remaining in the property.

 

Monthly Expenses: Monthly Income:
Management: 0 2br/2ba: $3,200
Repairs: $100 2br/2ba: $3,200
Utilities: $200 2br/1ba: $2,500
Landscaping: $100  
Property taxes: $973  
Insurance: $120  
Interest: $3,705  
Total Monthly Expenses: Total Monthly Income:
$5,198 $8,900
Cash on Cash Return: Monthly Net Income:

14% annualized return

($44,424 on $307,500 cash)

$3,702
  Annual Net Income:

 

$44,424
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2325 Langdale Ave Los Angeles

Duplex

We purchased this property for $000,000 and spent $000,000 on rehab and holding costs. The current loan on the property is for $000,000, therefore $000,000 cash remaining in the property.

 

Monthly Expenses: Monthly Income:
Management: $ 2br/1ba: $2,678
Repairs: $ 2br/1ba: $2,800
Utilities: $  
Landscaping: $  
Property taxes: $  
Insurance: $  
Interest: $  
Total Monthly Expenses: Total Monthly Income:
$ $
Cash on Cash Return: Monthly Net Income:

 

$
  Annual Net Income:

 

$
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2738 Council St Los Angeles

Fourplex

We purchased this property for $1,250,000 and spent $220,000 on rehab and holding costs. The current loan on the property is for $1,162,500, therefore $307,500 cash remaining in the property.

 

Monthly Expenses: Monthly Income:
Management: $0 2br/2ba: $2,800
Repairs: $100 1br/1ba: $1,900
Utilities: $200 1br/1ba: $2,000
Landscaping: $100 2br/2ba: $2,500
Property taxes: $  
Insurance: $103.50  
Interest: $  
Total Monthly Expenses: Total Monthly Income:
$ $9,200
Cash on Cash Return: Monthly Net Income:

 

$
  Annual Net Income:

 

$
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3185 Larga Ave Los Angeles

Triplex

We purchased this property for $998,500 and spent $300,000 on rehab and holding costs. The current loan on the property is for $698,950, therefore $599,550 cash remaining in the property.

 

Monthly Expenses: Monthly Income:
Management: $0 2br/2ba: $3,750
Repairs: $100 2br/1ba: $2,750
Utilities: $120 2br/1ba: $2,850
Landscaping: $100  
Property taxes: $1,033  
Insurance: $81  
Interest: $2,585  
Total Monthly Expenses: Total Monthly Income:
$4,019 $9,350
Cash on Cash Return: Monthly Net Income:

11% annualized return

($63,972 on $559,550 cash)

$5,331
  Annual Net Income:

 

$63,972

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Being experienced in all aspects of real estate on both the buyer and seller side, allows me to offer clients a total solution to their real estate need and the tools to provide superior service to help them along every step of a transaction.
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