Loan amount
$695,000
Loan type
Purchase {Fix&Rent}
Property value
$650,000 {PP:$595,000}
ARV
107% {ARV}
Property type
Mobile Home Park
Credit score
612
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
City
Fountain
State
Colorado
Purchase price
$595,000
Down payment
$0
Cost of improvements
$100,000
Estimated property value after repairs
$650,000
Additional Loan Information
Purchase existing mobile home park (2.5acres), current monthly profits @ about 50% capacity: $ 12,810. Park is not full,needs improvement & management.
Status
Created
February 28, 2024 - 9:29pm

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