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Hillcrest at Porter Ranch - Highlands Collection in Los Angeles

Name: Sales in Hillcrest at Porter Ranch - Highlands Collection started!
Start: 2020-08-10T11:43:12.345402+00:00
End: 2023-12-31T23:59:59+0000
Location: Hillcrest at Porter Ranch - Highlands Collection

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Project info

Object ID: 8529

Finished at	December 2020
Price, m²	From 3720$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 325.00 m²
Floors	2
Apartments	100
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,209,000$

Net profit

9,376$

Payback period

102.8 years

Avg property value increase per year

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About the project

Highlands at Hillcrest offers pool-sized home sites, with incredible canyon and city views, up to 3,600 square feet of living space, 5-7 bedrooms, 4.5-6.5 bathrooms, with optional Multi-Gen, loft, master suite deck, and 3-car garages. The Highlands community also features intimate cul-de-sac streets, staff-gated entry, close proximity to the award-winning K-8 Porter Ranch Community School, future 50-acre Porter Ranch community park, and the Vineyards at Porter Ranch featuring boutique retailers, dining, and various entertainment options. Porter Ranch is located near major freeways, so whether you are taking an international trip or spending the day at the beach you can reach your destination with ease.

Developer

From the homes we build to the talent we recruit, we know that to be the best, we have to work with the best. We invest in our employees …
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