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Westcliffe at Porter Ranch - Cascades Collection in Los Angeles

Name: Sales in Westcliffe at Porter Ranch - Cascades Collection started!
Start: 2020-08-11T07:16:45.559430+00:00
End: 2023-12-31T23:59:59+0000
Location: Westcliffe at Porter Ranch - Cascades Collection

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Project info

Object ID: 8535

Finished at	December 2018
Price, m²	From 3500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 400.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

1,400,000$

Net profit

9,376$

Payback period

119.1 years

Avg property value increase per year

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About the project

Cascades is an exciting new home collection, showcasing modern designs with 4-6 bedrooms, 4.5-6 bathrooms, 4,400-5,600 square feet of living space and 3-car garages, some home sites with gorgeous city views. Select home sites offer home designs with a third-floor game-room and an open-air covered deck, perfect for enjoying the gorgeous city views of the South San Fernando Valley. Cascades residents are also within the Porter Ranch Community School boundary, providing families with children up to 8th grade the opportunity to attend the award-winning K-8 school. The future 50-acre Porter Ranch Community Park, coming soon, is also located near the Westcliffe village. Porter Ranch residents enjoy easy access to local freeways, which make traveling via LAX or Burbank airport a breeze. The new Vineyards at Porter Ranch and existing retail center give residences ample choices for local 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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