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Note on Numbers: All calculations for investment properties are based on a 25% down payment and a current interest rate of 6.89%, unless otherwise stated. For house hacks, we assume a 5% down payment with PMI at 0.4% and a 6.45%(FHA) interest rate. We do the math so you can focus on what matters – the deals!
📍Address: 7401 W Manchester Ave, Los Angeles, CA 90045
💰 Listed Price: $799,000
🏡 Property: 2-Unit Duplex on LAR3 Lot (1,612 sq ft / 6,725 sq ft lot)
🔨 ARV: $1,768,000 | Potential Profit: $644,450
Apologies for the late notice - this just hit our desk! While listed at $799,000, this property already has multiple offers and will likely trade well above asking. To stay competitive in this hot market, we recommend offering at least $1,050,000 to have a real shot at winning.
Even at $1,050,000 (31% above list), the numbers still work exceptionally well! Prime Westchester location on LAR3-zoned lot allowing up to 3 units. This distressed duplex sits on a 6,725 sq ft lot just minutes from Silicon Beach, LAX, and Playa Vista. The LAR3 zoning alone justifies the premium - future development potential is massive.
Recommended Purchase Price: $1,050,000
Total Cash Investment: $186,138
ARV: $1,768,000
Pre-Tax Profit: $398,462
Cash-on-Cash Return: 214%
Timeline: 5 months
REMINDER: Offers due TODAY by 5:00 PM!
A good deal dies without the right financing — but Mike LeHoty makes sure yours doesn’t.
He works exclusively with real estate investors and can fund almost any strategy: DSCR, Fix & Flip, Bridge Loans, Short-Term Rentals, Conventional, and more.
With access to hundreds of investor-friendly programs, Mike can custom-fit financing to your current deal and help you plan ahead for the next one.
📞 Call/Text: 440-557-2887
📧 Email: [email protected]
Mike LeHoty | Loan Originator | NMLS #2657277
📍Address: 104 S Armenia Ave, Tampa, FL 33609
💰 Price: $3,350,000 ($209,375/unit)
🏡 Units: 16-Unit Apartment Building
🏦 Cap Rate: 5.8% | Cash-on-Cash: 4.2%
Why This is a Great Investment:
This fully renovated 16-unit multifamily property combines 1920s architectural charm with modern upgrades in one of South Tampa's most desirable neighborhoods. Recent capital improvements include new roof (2024), all-new mini split AC systems, granite countertops, stainless steel appliances, and remodeled bathrooms. Each unit features in-unit washer/dryer connections with machines included—a premium amenity that commands higher rents and attracts quality tenants.
Located in the heart of South Tampa, residents enjoy walkable access to trendy SoHo district and Hyde Park Village's upscale dining and shopping. The property benefits from top-ranked schools, luxury residential surroundings, and excellent connectivity to Downtown Tampa, Westshore Business District, and Tampa International Airport via nearby I-275 and Bayshore Boulevard.
Purchase Price: $3,350,000
Total Cash Needed: $938,000
Monthly Income: $29,600
Operating Expenses: $10,360/mo
Cash Flow: $1,708/mo
Cash-on-Cash Return: 2.2%
Cap Rate: 6.9%
📍Address: 1737 13th Ave, Oakland, CA 94606
💰 Purchase Price: $397,500
🏡 Property: 4-Unit Victorian (2,743 sq ft)
🔨 ARV: $975,000 | Potential Profit: $213,825
Why This is a Great Investment:
This foreclosure Victorian fourplex offers solid profit potential with a realistic renovation budget. The property needs cosmetic updates rather than full gut renovation - the hardwood floors can be refinished, the plaster walls mostly need patching and paint, and the Victorian details just need cleaning and touch-up. With a streamlined $262,900 renovation budget and 6-month timeline, this flip can generate $90,685 profit (110% return on cash invested).
Purchase Price: $397,500
Total Cash Investment: $82,025
Renovation Budget: $262,900
ARV: $975,000
Pre-Tax Profit: $213,825
Cash-on-Cash Return: 261%
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