Pasadena Rental SFR

Pasadena Rental SFR

Property Address

2100 E. Oakwood Street, Pasadena, CA 91104
  • Loan Number: 7738
  • APN: 5852-011-035
  • County: Los Angeles
  • Appraised Value: $650,000.00
  • Purchase Price: $650,000.00
  • Loan Amount: $458,000.00
  • Loan Position: 1st
  • Interest: 10.25%
  • LTV (Loan to Value): 70%
  • Term: 36 Months

View Appraisal

Download

Specifics

SUBJECT PROPERTY: 2100 E. Oakwood Street, Pasadena, CA 91104
3-bed/2-bath SFR; 1527 sq ft with a 2-car detached garage on a 6753 sq ft lot
APN 5852-011-035 
APPRAISED VALUE: $650,000.00  
PURCHASE PRICE: $650,000.00

LOAN AMOUNT: $458,000.00
POSITION: 1st
INTEREST: 10.25%
TERM: 36 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:  Our borrower has a mid-FICO of 708; she is purchasing the subject property from her parents as an investment/rental property, with a $185,000 gift of equity. The home is currently leased for $3000 per month.