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Trust Deed Investments | Available Trust Deed Investments - Rental SFR in Sacramento, CA
FUNDED!
LOANS: #7244
SUBJECT PROPERTY: 4412 Magnifica Place, Sacramento, CA 95827
APN 074-0350-058-0000
SFR with 4-bed/3-bath; 2153 sq ft w/2-car garage
APPRAISED VALUE: $235,000.00 (click here to view appraisal)
PURCHASE PRICE: $225,000.00
LOAN TERMS
LOAN AMOUNT: $154,000.00
POSITION: 1st
INTEREST: 11%
TERM: 60 mos
LTV: 68% of purchase price/65% 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
LOAN AMOUNT: $154,000.00
POSITION: 1st
INTEREST: 11%
TERM: 60 mos
LTV: 68% of purchase price/65% 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: Subject property was built in 2007 and is located in a gated community known as Aspen Village. The home has a covered porch, dual pane windows, ceiling fans, central heat and air, concrete patio and fireplace. Our borrower has owned his own software company for over 10 years, and is putting $71,000 down and paying all closing costs. He will be renting the property for $1450 per mo.
Information Subject to Change
