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Trust Deed Investments | Available Trust Deed Investments - Mixed-Use Property in Sanger, CA
FUNDED!
LOAN: #7337
SUBJECT PROPERTY: 16405 E. Goodfellow Ave, Sanger, CA 93657
APPRAISED VALUE: $395,000.00 (view appraisal)
PURCHASE PRICE: $320,000.00
LOAN TERMS
LOAN AMOUNT: $240,000.00
POSITION: 1ST
INTEREST: 11%
TERM: 60 MOS
LTV: 70%
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: $240,000.00
POSITION: 1ST
INTEREST: 11%
TERM: 60 MOS
LTV: 70%
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 consists of five separate buildings:
- SFR with 3-bed and 1-bath
- Detached 2-car garage
- Guest house w/2-bed and 1-bath
- Detached 1-car garage with single room upstairs
- Large metal shop built with separate bathrooms
The perimeter of this 3.79 acre property is secured with chain link fencing. Our borrower will be putting 30% down and paying all closing costs. He will be performing minor repairs before marketing it for rent.
Information Subject to Change
