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Federal Trust Deed | Available Trust Deed Investments - Multi-Residential Property in Bakersfield, CA
FUNDED!
LENDERS SUMMARY SHEET
LOAN: #6892
SUBJECT PROPERTY: 201 Wilson Ave, Bakersfield, CA 93308; SFR rented @ $525 per mo
203 Wilson Ave, A,B,C,D, Bakersfield, CA 93308
A rents for $550 per mo
B rents for $550 per mo
C rents for $475 per mo
D rents for $275 per mo
205 Wilson Ave, A,B,C,D, Bakersfield, CA 93308
A rents for $500 per mo
B rents for $525 per mo
C rents for $350 per mo
D rents for $375 per mo
207 Wilson Ave, Bakersfield, CA 93308; SFR rented @ $775 per mo
TOTAL MONTHLY RENTAL INCOME: $4,900.00
LOAN TERMS
Loan Amount: $260,000.00
Appraisal Pending
Broker's Opinion of Value: $475,000.00
Trust Deed Position: 1st
Interest Rate: 11%
Term: 36 months
LTV: 54% (pending appraisal)
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
Mr. and Mrs. Brand have owned this property since 1995.
We will be paying off a first in the amount of $152,000.00
The balance of the proceeds will be used for both property improvements and bank deposits/savings.
Information Subject to Change
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Federal Home Loans Corporation
5540 Ruffin Road
San Diego, California 92123
858-560-6555
800-362-7940
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