Rental SFR in San Diego, CA

Rental SFR in San Diego, CA

Property Address

519 West St, San Diego, CA 92113
  • Loan Number: 7603
  • County: San Diego
  • Appraised Value: $175,000.00
  • Purchase Price: $175,000.00
  • Loan Amount: $122,500.00
  • Loan Position: 1st
  • Interest: 10.25%
  • LTV (Loan to Value): 70%
  • Term: 36 Months

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Specifics

LOAN: #7603
SUBJECT PROPERTY: 519 West St, San Diego, CA 92113
2-bed/1-bath SFR; 716 sq ft on a 6251 sq ft lot
APPRAISED VALUE: $175,000.00
PURCHASE PRICE: $175,000.00

LOAN AMOUNT: $122,500.00
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 is a local real estate broker who will be conducting minor repairs and upgrades before marketing this property for rent at $1250 per mo.