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$300,000 - 1st Trust Deed
7125 Hoffman Ave., La Mesa, CA 91941
La Mesa - Front.jpg
La Mesa - Front 2.jpg
La Mesa - Living Room 2.jpg
La Mesa - Front.jpg
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INVESTMENT STATUS
Investment Status:
Fully Funded
Loan Amount:
$300,000
Amount Funded:
$300,000
Amount Available:
0
INVESTMENT DETAILS
SENIORITY OF LOAN: |
1st |
PROPERTY VALUE: |
$1,140,000 |
EXISTING DEBT ON PROPERTY: |
$0 |
LOAN AMOUNT: |
$300,000 |
LOAN TO VALUE (LTV): |
26% |
NET INVESTOR YIELD: |
11% |
MONTHLY NET TO INVESTOR: |
$2,997.50 |
TERM (INTEREST ONLY): |
24 Months |
PREPAID INTEREST AT CLOSE: |
6 Months |
ZONING / BED / BATHS / SQFT: |
|
USE OF FUNDS: |
|
EXIT STRATEGY: |
Improve credit & refinance |
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