Antioch Rental SFR

Antioch Rental SFR

Property Address

2101 Colfax Way, Antioch, CA 94509
  • Loan Number: 7121
  • Appraised Value: $165,000.00
  • Purchase Price: $150,000.00
  • Loan Amount: $105,000.00
  • Loan Position: 1st
  • Interest: 11%
  • LTV (Loan to Value): 70% of Appraised Value / 64% of Purchase Price
  • Term: 60 Months

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Specifics

4-bed/2-bath, 1272 sq ft and 2-car garage and deck; built in 1978

There is a late charge of 10% of the payment (after 10 days)
There are no prepayment penalties on these loans
These loans contain a balloon payment

Our borrower is putting 30% down plus paying all closing costs. After closing they will be marketing the property for rent at $1700 per mo.

Information Subject to Change