San Diego Area Condo

San Diego Area Condo

Property Address

2021 Barbados Cove #5, Chula Vista, CA 91915
  • Loan Number: 7579
  • County: San Diego
  • Appraised Value: $215,000.00
  • Purchase Price: $215,000.00
  • Loan Amount: $150,000.00
  • Loan Position: 1st
  • Interest: 10%
  • LTV (Loan to Value): 70%
  • Term: 36 Months

View Appraisal

Download

Specifics

LOAN: #7579
SUBJECT PROPERTY: 2021 Barbados Cove #5, Chula Vista, CA 91915
3-bed/2.5 bath condo; 1525 sq ft
APPRAISED VALUE: $215,000.00
PURCHASE PRICE: $215,000.00
LOAN AMOUNT: $150,000.00
POSITION: 1st
INTEREST: 10%
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 purchasing the subject property as an investment, and will be marketing it for rent at $2000 per mo. HOA fees are $169 and Mella Roos are $99 per mo.