Escrow closed 9/1/19. Renew 2 more years to 9/1/2023
Oakland, 30th Street, CA 94608
** New Purchase Large Duplex Rental Home Sellers Leaving Brand New Rents New Tenants RARE - Huge rents **
New 1st Trust Deed: $478,000
Appraised Value: $750,000
Purchase Price: $715,000
Protective Equity: $272,000
Loan to Value: 63%
Term 2 Years with a 6 Month Prepayment Penalty
Rate: 9.00%
Borrower Credit Score: 664
Rental to be Income: $6,090 per Month ($2,990 + $3,100)
Borrower is a Small Business Owner for the last 20 years. The family owns another duplex rental home and 2 residential rental homes in the local area.
New 1st Trust Deed: $478,000
Appraised Value: $750,000
Purchase Price: $715,000
Protective Equity: $272,000
Loan to Value: 63%
Term 2 Years with a 6 Month Prepayment Penalty
Rate: 9.00%
Borrower Credit Score: 664
Rental to be Income: $6,090 per Month ($2,990 + $3,100)
Borrower is a Small Business Owner for the last 20 years. The family owns another duplex rental home and 2 residential rental homes in the local area.