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Wiz Khalifa Acquired a Sing...

Wiz Khalifa Acquires Encino SFR For $3.4M
SOLDSingle Family Residence

Wiz Khalifa Acquires Encino SFR For $3.4M

$3,400,000

$583/SF

Building Size

5,832 SF

Asset Type

Single Family Residence

Closing

Jan 25, 2019

AI

Wiz Khalifa has recently purchased a single-family residence (SFR) located in Encino. The property, which features a total of 5,832 square feet, was sold on 01/25/2019 for a price of $3,400,000. This amounts to a price per square foot (PPSF) of $582.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,400,000
  • Square Footage: 5,832
  • Price per Square Foot: $582
  • Market: Encino
  • Buyer: @WizKhalifa

The purchase of this property by Wiz Khalifa showcases his investment in the Encino real estate market. The deal was brokered by Wiz Khalifa's representative from an undisclosed agency.

Players

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.67%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93