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2021-10-22 11:12:41

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TheREALPete.com
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Listing Id PW21207058 Not Found!






Norwalk, CA 90650
(Register or Sign In for Full Address, "What If?" Analyzer and Google Map)
or
Condition :1-5] ]
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14517 Flallon Ave, Norwalk CA

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Unique Investment Units...each dwelling is modeled after Town-Home design, 2 Bedroom 1.5 Bath with interior washer and dryer hookups. Owners were meticulous about upkeep and parking features. Close to main artery transportation, retail shopping, Cerritos College and 605 and 91 FWY. Major upside to rents as well as strong rental history of existing tenants. Owner is selling adjacent building 14523-27, in a 1031 Exchange. Serious inquiries only. All information is accurate and up to date.

Unique Investment Units...each dwelling is modeled after Town-Home design, 2 Bedroom 1.5 Bath with interior washer and dryer hookups. Owners were meticulous about upkeep and parking features. Close to main artery transportation, retail shopping, Cerritos College and 605 and 91 FWY. Major upside to rents as well as strong rental history of existing tenants. Owner is selling adjacent building 14523-27, in a 1031 Exchange. Serious inquiries only. All information is accurate and up to date.

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Unique Investment Units...each dwelling is modeled after Town-Home design, 2 Bedroom 1.5 Bath with interior washer and dryer hookups. Owners were meticulous about upkeep and parking features. Close to main artery transportation, retail shopping, Cerritos College and 605 and 91 FWY. Major upside to rents as well as strong rental history of existing tenants. Owner is selling adjacent building 14523-27, in a 1031 Exchange. Serious inquiries only. All information is accurate and up to date.

Target This Adjustments

Condition Description
Condition Adjustment Enter number, or "Z" to ignore
8 Beds Adjustment Enter number, or "Z" to ignore
automatic beds adjustment Table contents heret
8 Baths Adjustment Enter number, or "Z" to ignore
automatic baths adjustment Table contents heret
3,584 Sq Ft Adjustment Enter number, or "Z" to ignore
automatic sq ft adjustment Table contents heret
Misc Adjustment
Misc Adj Reason
Total Adjustment
Ignore Comp For This Target




SMART Property Analyzer
Norwalk, CA 90650
(Register or Sign In for Full Address, "What If?" Analyzer and Google Map)
or

Property Summary
Units 4 Area M1 - Norwalk
Sq Ft 3,584 Lot
6,206
Price $1,250,000 DOM 31
Bedrooms 8 Listing Id PW21207058
Bathrooms 8 County LAC
Year Built 1963 APN 8074021053
Listing Courtesy Of Chris Vigil, Century 21 Cornerstone


Opportunity Summary
Monthly Cash Flow $1,445 GRM 13.2
Net Equity Gain $534,321 Opportunity ROI: 171%
OO: New Monthly Mortgage (Pays You!) -$1,845 OO: Rents Pay For % Of Old Mortgage 145%
* Note: This Single Family Residence is not listed as an Income Property; Market Rents have been applied



SMARTiScore

6 / 10
Composite of scoring factors allowing for quick, clear evaluation of properties
* SMARTiScore is a composite of scoring factors allowing for quick, clear evaluation of properties
+1 point given for each of the following:
GRM < 16.5
GRM < Average for Area
Cash Flow > $0
CF >= $500
Net Equity Gain >= $100K
10 Year ROI >= 100%
10 Year ROI >= 200%
Doubling Year <= 7
Rents >= Market
------------------------------------------------------------
SMART Historical Data

SMART Market Snapshot

Selection: City: Norwalk
2-4 Units, Sold Price
12-Month Moving Average
As of: 2021-10-22 11:12:42

From: 2018-10 Thru: 2021-09
(Hover over chart line for monthly data points)

3-Year Net For Norwalk: 147.3%

Average Current Asking Prices by Units for Norwalk

SFR:
Duplex:
Triplex:
Fourplex:
2-4 Blend: 0


L.A. County 3-Year Annual Moving Average Price Percent Change Heat Map

Display Map

34 Cities With Valid 3-Year Data
Hover over pin for City Name and City Link
Source: California Regional Multiple Listing Service (CRMLS)
Navigate This Page
Top
36-Month Line Chart
Average Asking
L.A. County Heat Map

Filter City/All


Let Us Know How We Can Help You

Feel free to contact us to get started on your path to real estate investing success.
We'll be glad to answer any questions you may have about residential income properties,
and guide you every step of the way.

(562) 208-9818
info@SMARTreis.com
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Real Estate Investing Made Easy

------------------------------------------------------------
10 Year Net Equity Gain
$0 ----------> $534,321
1
2
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5
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8
9
10


SMARTiScore

SMART Historical Data

SMART Market Snapshot

Selection: City: Norwalk
2-4 Units, Sold Price
12-Month Moving Average
As of: 2021-10-22 11:12:42

From: 2018-10 Thru: 2021-09
(Hover over chart line for monthly data points)

3-Year Net For Norwalk: 147.3%

Average Current Asking Prices by Units for Norwalk

SFR:
Duplex:
Triplex:
Fourplex:
2-4 Blend: 0


L.A. County 3-Year Annual Moving Average Price Percent Change Heat Map

Display Map

34 Cities With Valid 3-Year Data
Hover over pin for City Name and City Link
Source: California Regional Multiple Listing Service (CRMLS)
Navigate This Page
Top
36-Month Line Chart
Average Asking
L.A. County Heat Map

Filter City/All


Let Us Know How We Can Help You

Feel free to contact us to get started on your path to real estate investing success.
We'll be glad to answer any questions you may have about residential income properties,
and guide you every step of the way.

(562) 208-9818
info@SMARTreis.com
EZ Contact Us Form


Real Estate Investing Made Easy

10 Year Net Equity Gain

$0 ----------> $534,321

SMART Property Analyzer
Norwalk, CA 90650
"What If?" Analyzer
Property Tax
Insurance

Current Values Your Values
Current Calculations Your Calculations

Price: (Break-Even Price: $1,577,951) $1,250,000

Monthly Cash Flow: $1,445 -
+ Total Rents: $7,900
- Mortgage: $4,080
- Property Tax: $1,302
- Insurance: $125
- Reserves: $0
- Property Management: $553
- HOA: $0
Total Expenses: $1,980
- Vacancy: $395
= Cash Flow: $1,445
$1,445 -
+ Total Rents: $7,900
- Mortgage: $4,080
- Property Tax: $1,302
- Insurance: $125
- Reserves: $0
- Property Management: $553
- HOA: $0
Total Expenses: $1,980
- Vacancy: $395
= Cash Flow: $1,445
Price/Unit: $312,500 $312,500 GRM: 13.2
GRM =
Price / Annual Rents =
(the lower the GRM, the better for the buyer)

$1,250,000 / ($7,900 * 12) =
13.2
13.2 -
GRM =
Price / Annual Rents =
(the lower the GRM, the better for the buyer)

$1,250,000 / ($7,900 * 12) =
13.2
Price/Sq Ft: $349 $349 Net Equity Gain: $534,321 -
Net Equity Gain =
Accumulated Cash Flow +
Accumulated Appreciation +
Accumulated Principle Reduction
For The Investment Period
(e.g., 10 years)
- Initial Investment =

$198,764 + $429,895 + $218,161
- $312,500 =
$534,321
$534,321 -
Net Equity Gain =
Accumulated Cash Flow +
Accumulated Appreciation +
Accumulated Principle Reduction
For The Investment Period
(e.g., 10 years)
- Initial Investment =

$198,764 + $429,895 + $218,161
- $312,500 =
0
Unit 1 Monthly Market Rents: $1,975
2 br
Opportunity ROI: 171 %
Opportunity Return On Investment =
Net Equity Gain / Total Investment

$534,321 / $312,500 =
171%
*** > 100% Doubles Your Investment! ***
171 %
Opportunity Return On Investment =
Net Equity Gain / Total Investment

0 / $312,500 =
171%
*** > 100% Doubles Your Investment! ***
Unit 2 Monthly Market Rents: $1,975
2 br
Total Expenses: $1,980 -
Property Tax: $1,302
+ Insurance: $125
+ Reserves: $0
+ Property Management: $553
+ HOA: $0
Total Monthly Expenses: $1,980
$1,980 -
Property Tax: $1,302
+ Insurance: $125
+ Reserves: $0
+ Property Management: $553
+ HOA: $0
Total Monthly Expenses: $1,980
Unit 3 Monthly Market Rents: $1,975
2 br
Expense Percent of Income: 25.1 %
Expense Percent Of Income =
Annual Operating Expenses / Annual Rents =

$23,761 / $94,800 =
25.1
25.1 %
Expense Percent Of Income =
Annual Operating Expenses / Annual Rents =

$23,761 / $94,800 =
25.1
Unit 4 Monthly Market Rents: $1,975
2 br
Net Operating Income: $71,039 -
Net Operating Income (NOI) =
Annual Rents: $94,800
- Operating Expenses: Property Tax: $1,302
+ Insurance: $125
+ Reserves: $0
+ Property Management: $553
+ HOA: $0
Total Monthly Expenses: $1,980
Annual Expenses: $23,761
NOI = $71,039

(excludes Vacancy and Mortgage)

$71,039 -
Net Operating Income (NOI) =
Annual Rents: $94,800
- Operating Expenses: Property Tax: $1,302
+ Insurance: $125
+ Reserves: $0
+ Property Management: $553
+ HOA: $0
Total Monthly Expenses: $1,980
Annual Expenses: $23,761
NOI = $71,039

(excludes Vacancy and Mortgage)

Total Rents: (Break-Even Rent: $6,304) . $7,900 $7,900 Capitalization Rate: 5.7 %
Capitalization Rate =
Net Operating Income / Purchase Price
(similar to all cash ROI;
the higher the cap rate, the better for the buyer)
5.7 %
Capitalization Rate =
Net Operating Income / Purchase Price
(similar to all cash ROI;
the higher the cap rate, the better for the buyer)
Down Payment: 25%

% Down Payment: $312,500 -
Down Payment =
Price * Down Payment %
$312,500 -
Down Payment =
Price * Down Payment %
Interest Rate: 3.25%

% Loan: $937,500 -
Loan Amount =
Price - Down Payment
$937,500 -
Loan Amount =
Price - Down Payment
Loan Term (Years): 30

Monthly Mortgage: $4,080 $4,080
Monthly HOA: $0

Total Investment: $312,500 -
Total Investment =
Down Payment +
Closing Costs
+ Up Front Repairs
$312,500 -
Total Investment =
Down Payment +
Closing Costs
+ Up Front Repairs
Vacancy: 5%

% New Property Value: $1,679,895 -
New Property Value =
Purchase Price *
Annual Appreciation Rate *
Investment Years
(compounded)
$1,679,895 -
New Property Value =
Purchase Price *
Annual Appreciation Rate *
Investment Years
(compounded)
Property Management: 7%

% Effective Monthly Cash Flow: $4,453 -
Effective Monthly Cash Flow =
Net Equity Gain / Investment Period Months
(e.g., 120 for 10 years)
$4,453 -
Effective Monthly Cash Flow =
Net Equity Gain / Investment Period Months
(e.g., 120 for 10 years)
Monthly Reserves (Per Unit): $0

Effective Annual Yield: 5.5 %
Effective Annual Yield
(including compounding) =

(Net Equity Gain / Total Investment)**
(1 / Opportunity Years) -1

("**" = "raised to the power of")
5.5 %
Effective Annual Yield =
(including compounding) =

(Net Equity Gain / Total Investment)**
(1 / Opportunity Years) -1

("**" = "raised to the power of")
Investment Years: 10

Doubling Year: 8 -
Doubling Year =
The year in which you will double your investment (ROI >= 200%)
8 -
Doubling Year =
The year in which you will double your investment (ROI >= 200%)
Annual Appreciation: 3%

% Owner Occupied: New Monthly Mortgage: (Pays You!) -$1,845 -
Owner Occupied New Mortgage =
Old Mortgage - Remaining Rents
(Subtract out OO rent)
(Pays You!) -$1,845 -
Owner Occupied New Mortgage =
Old Mortgage - Remaining Rents
(Subtract out OO rent)
Annual Rent & Expense Incr: 3%

% OO: Rents Pay For % Of Old Mortgage: 145% -
Owner Occupied Percent Savings =
(Total Rents - 1 Unit Rent)
/ Old Mortgage
145% -
Owner Occupied Percent Savings =
(Total Rents - 1 Unit Rent)
/ Old Mortgage


See Full Calculation Details


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Let Us Know How We Can Help You

Feel free to contact us to get started on your path to real estate investing success.
We'll be glad to answer any questions you may have about residential income properties,
and guide you every step of the way.

(562) 208-9818
info@SMARTreis.com
EZ Contact Us Form


Real Estate Investing Made Easy