West Covina Townhome

West Covina Townhome

Property Address

3621 Redwood Lane, #44, West Covina, CA 91792
  • Loan Number: 7717
  • APN: 8734-001-256
  • County: Los Angeles
  • Appraised Value: $294,000.00
  • Loan Amount: $210,000.00
  • Loan Position: 1st
  • Interest: 9.75%
  • LTV (Loan to Value): 71%
  • Term: 24 Months

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Specifics

SUBJECT PROPERTY: 3621 Redwood Lane, #44, West Covina, CA 91792 

2-story townhome; 2-bed/2.5 bath; 1198 sq ft


APPRAISED VALUE:
$294,000.00   
LOAN AMOUNT: $210,000.00
POSITION: 1st
INTEREST: 9.75%
TERM: 24 mos
LTV: 71%
 
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 refinancing the subject property and will be performing cosmetic upgrades to this investment property.  The HOA fee is $328.90 per mo, and the minimum rental income is $1800 per mo.