Escrow closed 6/18/18. Foreclosed 7/2019 ROI 16%
Combo OakRich, 45th Coalinga, CA 94609
1st Trust Deed Refinance
**Amazing 2 Property Cross Rental Home w/ Updated Retail New 1st On Both Properties + Low Loan to Value + Strong Borrower**
1. New 1st 4 Unit Rental Home Value: $760,000 Rental Income: $4,000 Per Month
2. New 1st Single Family Rental Home Value: $330,000 Rental Income: $2,400 per Month
Appraised Value: $1,090,000
Loan Amount: $759,000
Protective Equity: $331,000
Loan to Value: 69%
Term 2 Years with 6 month PP
You NET: 10.0%
Borrower Credit Score: 665
Rental Income: $6,400 per Month
The borrower is a Mid Size Business Owner for the last 18 years.
The family is large Real Estate Owner with 7 different prime properties owned in the Bay Area.
**Amazing 2 Property Cross Rental Home w/ Updated Retail New 1st On Both Properties + Low Loan to Value + Strong Borrower**
1. New 1st 4 Unit Rental Home Value: $760,000 Rental Income: $4,000 Per Month
2. New 1st Single Family Rental Home Value: $330,000 Rental Income: $2,400 per Month
Appraised Value: $1,090,000
Loan Amount: $759,000
Protective Equity: $331,000
Loan to Value: 69%
Term 2 Years with 6 month PP
You NET: 10.0%
Borrower Credit Score: 665
Rental Income: $6,400 per Month
The borrower is a Mid Size Business Owner for the last 18 years.
The family is large Real Estate Owner with 7 different prime properties owned in the Bay Area.