Buyer/Investor Services
 
 Seller Services
 
 Featured
 
 MLS Search
 
 About Us
 
 Contact Us

Shevy Akason
949.769.1599
shevy@findmylandmark.com




Laguna Hills

 
More Communities...

Laguna Hills

 Contact us

Cap rate=                      8%
Cash on cash return=     21%
Initial investment=         $34,000


Shevy Akason and Associates Principles:

1) Cap rate of 8%+ using todays numbers, and not less than 5.5% using worst case scenarios
2) We use 5% vacancy as todays baseline, and 10% vacancy to calculate worst case scenario
3) We use todays rental numbers to calculate expected rent and account for rental deprecation of 12.5% to account for worst case scenario
4) We use an interest rate of 5% for those that are buying as a primary residence and 6.5% for investors
5) We account for lost income in downpayment of 2%
6) We Calculate 1%/year of the purchase price for maintenance reserves


Based upon todays numbers= 8% cap rate, cash on cash return of 21%

Monthly Costs

HOA=               $340
Taxes=             $170
Maintenance=   $100
nsurance=       $50
                       $660* 12= $7920

*If you hire a property manager your expenses will be higher


today's market rent= $1850*12=  $22,200-5% vacancy= $21,090

Today's Cap rate= $21,090- $7920= $13170/ $165,000= 8%
Total cost of ownership using IHB calculator= $1158.13*12= $13,897.56

 $21,090 (Gross income)- $13,897.56 (total cost of ownership) = $7192.44/ $34,000(initial cash investment)= 21%

Contact us

Shevy Akason  Residential    
  
Click for more pictures ... 
Orange County (OR)
Media: 15
 
 
Contact Information
This Report was created by:
Listing Activity


If a listing displays "Short Sale/Subj to Lender Approval**" then that listing has been identified by the seller and the listing broker as a "short sale". This means that, at the listed price, the proceeds from the sale may not be adequate to pay all liens and costs of sale. Any offer made that does not fully cover the existing amount(s) owed to the lienholder(s) plus the costs of sale could be subject to lienholder approval, which approval may be exercised at the sole and exclusive discretion of the lienholder(s). The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. © Copyright, SoCalMLS®, Copyright, CRISNet Regional MLS®, Copyright, CARETS®

RentVsOwnulator™

Purchase Price $
Down Payment % $
Interest Rate %
Number of Years years
Mortgage $
Monthly Payment $
Property Tax % $
Special Taxes and Levies % $
Homeowners Insurance % $
Homeowners Association Fees $ $
Other (ex. Private Mortgage Ins) $ $
Maintenance and Replacement Reserves % $
Monthly Cash Cost $
Monthly Interest for 1st Payment $
Tax Savings (% of Interest and Property Tax) % $
Equity Hidden in Payment $
Lost Income to Down Payment % $
Total Cost of Ownership $

Contact us

free MLS search

Property Type:   Residential Lease       Status:   Active

Subject
Property

#

MLS#

Type

A/D

Address

City/ Area

TGNO

Trct/M

Bed

B t/f

Stories

Gar

SqFt

YBlt

Lse

Term

List Price

DOM

1 

 

CONDO 

A 

 

 

 

 

3 

3/2 

2 

1 

1,195 

1981 

12 

Months 

$1,800 

29 

2 

 

CONDO 

A 

 

 

 

3 

2/2 

2 

1 

1,500 

1976 

12 

Months 

$1,850 

142 

3 

 

CONDO 

A 

 

 

 

3 

2/2 

2 

2 

1,400 

1976 

12 

Months 

$1,975 

13 

4 

 

CONDO 

A 

 

 

 

 

3 

2/2 

2 

2 

1,320 

1976 

6 

Months 

$2,000 

67 

Average

3

2

1,354

10

$1,906

63

Number of Properties: 4

Average ( ListPrice / SqFt ) : ( 1906 / 1354 ) = $ 1.41

Property Type:   Residential Lease       Status:   Leased

Subject
Property

#

MLS#

Type

A/D

Address

City/ Area

TGNO

Trct/M

Bed

B t/f

Stories

Gar

SqFt

YBlt

Lse

Term

Sold Price

SP/ SqFt

SP/LP

SP/OLP

Sold Date

DOM

1 

 

CONDO 

A 

 

 

 

 

3 

2/1 

2 

1 

1,225 

1981 

12 

Months 

$1,700 

$1.39 

100.00% 

94.44% 

3/15/2009 

57 

2 

 

CONDO 

A 

 

 

 

 

3 

3/2 

2 

1 

1,500 

1985 

0 

Months 

$1,900 

$1.27 

100.00% 

100.00% 

2/04/2009 

37 

3 

 

CONDO 

A 

 

 

 

 

3 

3/2 

2 

1 

1,700 

1986 

12 

Months 

$2,100 

$1.24 

100.00% 

91.30% 

3/15/2009 

49 

Average

3

1

1,475

12

$1,900

$1.30

100.00%

95.25%

48

Number of Properties: 3

Average ( SalePrice / SqFt ) : ( 1900 / 1475 ) = $ 1.29

Contact us
free MLS search

Shevy Akason and Associates
"We're not Just Real Estate agents, we're real estate consultants"
Shevy Akason | Realtor | Evergreen Realty
 Phone 949.769.1599 | Fax 949.753.0671
findmylandmark.com
The best business compliment that one can receive is a referral.