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Trust Deed Investments | Available Trust Deed Investments - Single-Family Attached Residences in Coachella, CA
FUNDED!
LOAN: Twelve separate loans with two properties attached to each loan (view loan breakdown)
SUBJECT PROPERTIES: 24 Attached SFRs in the "Villas at the Vineyards" development in Coachella, CA 92236 (view plat map). Some homes are 3-bed/2-bath, 1527 sq ft with guest casita and 2-car garage (view floor plan), others are 2-bed/2-bath, 1364 sq ft with 2-car garage (view floor plan).
APPRAISED VALUE: $119,000 each / $238,000 per loan (view appraisal for single property)
LOAN TERMS
LOAN AMOUNT PER LOAN: $110,000.00
POSITION: 1st
INTEREST:11%
TERM: 36 mos
LTV: 46% of Appraised Value
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
SPECIFICS: Home features include stone veneer, covered patio, integrated speaker system, crown moulding, coffered ceilings, granite slab counter tops and ceiling fans.
Information Subject to Change
