Los Angeles, CA โ€” Rental Investment Analysis

๐Ÿ”ดPOORโ€” negative cash flow likely

Cap Rate

1.8%

Below average

Monthly Cash Flow

-$3,488

After all expenses

Price-to-Rent

23.2

Overpriced for rent

DSCR

0.29

Fails

๐Ÿ“Š Key Metrics

Median Home Price
$943,863
Average Rent (3BR)
$3,385/mo
Price-to-Rent Ratio
23.2(high)
1% Rule
0.36%(fails โ€” need 1%+)
Cash-on-Cash Return
-19.8%
Vacancy Rate
8.0%

๐Ÿ“ˆ Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers โ†’

๐Ÿ“ˆ Population Movement (Tax Year 2021โ†’2022)

Net Migration

-40,965 households

SHRINKING

Total Inflow

4,044,111

households moved in

Avg Income (New Residents)

$108,916

per household

Where they're coming from:

1.Los Angeles Non-migrants, CA3,944,880 households ยท avg $109,040
2.Orange, CA16,322 households ยท avg $87,416
3.San Bernardino, CA11,102 households ยท avg $57,535
4.Riverside, CA6,867 households ยท avg $70,630
5.San Diego, CA5,199 households ยท avg $111,186

Where residents are leaving to:

1.Los Angeles Non-migrants, CA3,944,880 households
2.Orange, CA21,267 households
3.San Bernardino, CA20,446 households
4.Riverside, CA13,038 households
5.Clark, NV7,187 households

๐Ÿ’ก Net outflow may indicate weakening demand โ€” but can mean lower prices and higher cap rates.

๐Ÿ˜๏ธ Best Zip Codes in Los Angeles for Investors

90014
Cap Rate: 6.7%Cash Flow: +$152/mo$541,981
90015
Cap Rate: 6.1%Cash Flow: -$127/mo$615,078
90013
Cap Rate: 4.4%Cash Flow: -$999/mo$604,553

All Zip Codes in Los Angeles

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
900146.7%+$152$541,981$4,640/mo1.05
900156.1%-$127$615,078$4,900/mo0.96
900134.4%-$999$604,553$3,750/mo0.69
900173.8%-$1,279$581,629$3,220/mo0.59
900123.7%-$1,329$602,362$3,330/mo0.59
900573.5%-$1,332$562,661$3,000/mo0.56
902933.3%-$2,434$945,182$4,800/mo0.52
907323.3%-$2,308$896,061$4,550/mo0.52
900203.1%-$1,871$687,697$3,370/mo0.49
913073.1%-$2,780$1,008,732$4,900/mo0.48
913073.1%-$2,780$1,008,732$4,900/mo0.48
913032.8%-$2,284$752,562$3,400/mo0.43
900102.7%-$2,976$975,814$4,390/mo0.43
900252.7%-$3,308$1,083,425$4,870/mo0.43
900582.6%-$1,849$590,746$2,600/mo0.41
900022.6%-$1,877$594,951$2,600/mo0.41
913452.6%-$2,638$831,941$3,620/mo0.40
900112.5%-$1,927$602,357$2,600/mo0.40
913672.5%-$3,627$1,128,295$4,850/mo0.40
900032.5%-$1,960$607,194$2,600/mo0.39
914022.4%-$2,332$708,597$2,980/mo0.38
913352.4%-$2,677$806,019$3,360/mo0.38
913242.3%-$3,200$943,306$3,850/mo0.36
900282.3%-$2,947$868,061$3,540/mo0.36
900612.3%-$2,178$639,491$2,600/mo0.36
900232.3%-$2,201$642,944$2,600/mo0.36
916012.3%-$3,153$921,675$3,730/mo0.36
900442.2%-$2,243$649,173$2,600/mo0.35
900622.2%-$2,426$698,204$2,780/mo0.35
913442.2%-$3,508$1,007,285$4,000/mo0.35
913112.2%-$3,309$946,140$3,740/mo0.34
913112.2%-$3,309$946,140$3,740/mo0.34
900332.1%-$2,368$667,753$2,600/mo0.33
900372.1%-$2,369$667,931$2,600/mo0.33
900472.1%-$2,472$692,851$2,680/mo0.33
913162.1%-$3,504$978,659$3,770/mo0.33
914052.1%-$2,984$829,786$3,180/mo0.32
900052.1%-$3,223$894,445$3,420/mo0.32
916022.0%-$3,878$1,073,099$4,090/mo0.32
907442.0%-$2,482$684,716$2,600/mo0.32
914062.0%-$3,116$860,259$3,270/mo0.32
900212.0%-$3,190$877,344$3,320/mo0.32
913312.0%-$2,737$746,909$2,800/mo0.31
913422.0%-$2,974$809,924$3,030/mo0.31
913641.9%-$4,886$1,321,312$4,900/mo0.31
907311.9%-$3,092$829,873$3,050/mo0.30
900061.9%-$2,857$757,348$2,740/mo0.29
913061.8%-$3,173$837,034$3,010/mo0.29
913521.8%-$3,089$816,160$2,940/mo0.29
900241.8%-$5,155$1,357,574$4,870/mo0.29
900941.8%-$5,216$1,370,163$4,900/mo0.28
916051.8%-$3,329$870,031$3,090/mo0.28
913041.8%-$3,616$939,272$3,310/mo0.28
913041.8%-$3,616$939,272$3,310/mo0.28
913261.7%-$4,831$1,241,296$4,310/mo0.27
914111.7%-$3,868$992,513$3,440/mo0.27
916061.7%-$3,472$885,038$3,040/mo0.26
910421.7%-$3,564$904,899$3,090/mo0.26
913431.6%-$3,537$889,935$3,000/mo0.25
900381.6%-$4,179$1,049,685$3,530/mo0.25
910401.6%-$3,707$927,236$3,100/mo0.25
913251.6%-$4,202$1,042,130$3,440/mo0.24
900181.5%-$3,442$841,708$2,720/mo0.23
900321.5%-$3,319$808,918$2,600/mo0.23
900311.4%-$3,357$814,521$2,600/mo0.23
900431.4%-$3,450$833,114$2,640/mo0.22
900291.4%-$4,063$978,884$3,090/mo0.22
900161.4%-$3,954$944,420$2,940/mo0.21
900421.4%-$4,251$1,015,296$3,160/mo0.21
900671.3%-$6,773$1,601,315$4,900/mo0.21
907101.3%-$3,596$849,937$2,600/mo0.21
914031.2%-$6,495$1,493,038$4,350/mo0.18
900071.1%-$3,939$900,871$2,600/mo0.18
914011.1%-$4,920$1,124,335$3,240/mo0.18
900451.1%-$6,647$1,517,997$4,370/mo0.18
916071.1%-$5,567$1,256,766$3,540/mo0.17
914231.0%-$6,589$1,469,373$4,040/mo0.16
900461.0%-$6,673$1,478,058$4,010/mo0.15
900650.9%-$5,073$1,115,368$2,980/mo0.15
900340.9%-$6,634$1,454,105$3,860/mo0.14
900360.9%-$8,567$1,867,463$4,900/mo0.14
900190.8%-$5,740$1,243,555$3,220/mo0.13
900260.8%-$5,484$1,188,465$3,080/mo0.13
900390.8%-$6,389$1,379,946$3,550/mo0.13
902910.8%-$8,841$1,908,123$4,900/mo0.13
900480.8%-$8,278$1,784,378$4,570/mo0.13
900350.8%-$7,578$1,630,644$4,160/mo0.13
916040.8%-$8,018$1,725,108$4,400/mo0.13
900680.8%-$7,734$1,659,930$4,210/mo0.12
913560.8%-$6,428$1,370,009$3,420/mo0.12
900080.7%-$5,079$1,078,516$2,670/mo0.12
900410.7%-$6,109$1,293,432$3,180/mo0.11
900640.7%-$8,959$1,875,786$4,490/mo0.10
900660.5%-$8,492$1,740,801$3,950/mo0.08
900040.5%-$7,119$1,450,675$3,240/mo0.08
914360.4%-$11,320$2,275,989$4,900/mo0.07
900270.3%-$9,233$1,817,875$3,680/mo0.05
90272-0.1%-$15,812$2,942,473$4,900/mo-0.01
90049-0.1%-$16,419$3,032,602$4,900/mo-0.02
90077-0.1%-$16,922$3,107,222$4,900/mo-0.02