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Bret Michaels Sells Westlake Village SFR To Jordan Cohen @ReMax For $4.5M

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SOLD
$4,475,000

National

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Sold 10/07/2020
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Property Image
SOLD

Bret Michaels Sells Westlake Village SFR To Jordan Cohen @ReMax For $4.5M

Sold 10/07/2020
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Summary

Transaction Type:Sale

Players

3 deals$16.2M volume
SELLER

Details

SOLD
IMAGE: Bret Michaels & @JordanCohen1 DATE: 10/07/2020 MARKET: Westlake Village ASSET TYPE: SFR SELLER: Bret Michaels BROKER: Jordan Cohen @ReMax PRICE: $4,475,000 SF: 7,000 ~ PPSF: $639

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$238,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,898.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,213.78
Annual Debt Service$254,565.40