Loan amount
$481,500
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$780,000
{PP:$550,000}
LTV
62%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
625
Deal experience
17 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Detroit
State
Michigan
Loan Details
Purchase price
$550,000
Down payment
$68,750
Additional Loan Information
12 UNIT VALUE ADD 100% OCC
$59,000 NOI
ARV $1,100,000
$610,000 INCLUDES 40K REHAB
Voucher Tenants
Seeking purchase rehab
11 cap
$59,000 NOI
ARV $1,100,000
$610,000 INCLUDES 40K REHAB
Voucher Tenants
Seeking purchase rehab
11 cap
Status
Open
Created
July 20, 2022 - 9:33pm
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