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Trust Deed Investments | Available Trust Deed Investments - Rental Condo in Downtown San Diego
FUNDED!
LOAN: #7069
SUBJECT PROPERTY: 221 Island Ave, #105, San Diego, CA 92101
2-bed/2-bath Condo, 1050 sq ft
APPRAISED VALUE: $340,000.00 (click here to have appraisal emailed)
PURCHASE PRICE: $339,000.00 (short-sale)
LOAN TERMS
LOAN AMOUNT: $237,300.00
POSITION: 1st
INTEREST: 10.25%
TERM: 60 mos
LTV: 70% of purchase price
There is a late charge of 10% of the payment (after 10 days)
There is no prepayment penalty on this loan
This loan contains a balloon payment
LOAN AMOUNT: $237,300.00
POSITION: 1st
INTEREST: 10.25%
TERM: 60 mos
LTV: 70% of purchase price
There is a late charge of 10% of the payment (after 10 days)
There is no prepayment penalty on this loan
This loan contains a balloon payment
NOTE: Borrower plans on using this condo as a rental executive suite; it will be managed by a professional property management firm. Borrower is putting 30% down and paying all closing costs.
Information Subject to Change
