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The Canyons at Porter Ranch - Peak Collection in Los Angeles

Name: Sales in The Canyons at Porter Ranch - Peak Collection started!
Start: 2020-08-11T06:37:25.544347+00:00
End: 2023-12-31T23:59:59+0000
Location: The Canyons at Porter Ranch - Peak Collection

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Project info

Object ID: 8531

Finished at	December 2019
Price, m²	From 4060$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 240.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Spa Pool 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

974,400$

Net profit

9,376$

Payback period

82.9 years

Avg property value increase per year

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About the project

The Peak Collection presents an ideal balance of design and luxury, offering gorgeous single-family homes ranging from 2,400-2,800 square feet of living space, attached 2-car garage, some home sites with breathtaking canyon views. The Peak at The Canyons offers backyards with room for entertaining and great floor plans with plenty of options to custom your home to make it perfect for your lifestyle. This community also provides its residents exclusive access to a resort-style recreation center with a beach entry pool, spa, cabanas, outdoor TVs, barbecues, wading pool, and a state-of-the-art Clubhouse. The Canyons is also located across the street from the award-winning K-8 Porter Ranch Community School, families with young children can easily walk, bike, or take short drive to and from school. The future 50-acre Porter Ranch Community Park coming soon is just minutes from The Canyons village and will provide the community with hiking/biking trails, sports courts, picnic areas and more. Porter Ranch residents will also enjoy easy access to freeways, which make traveling via LAX or Burbank airports a breeze, or driving to Downtown Los Angeles, Beaches or nearby cities easy. The existing retail center and the new Vineyards at Porter Ranch will give residences ample choices for shopping, dining and entertainment.

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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