Loan amount
$160,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$300,000
{PP:$125,000}
ARV
53%
{ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
805
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Schuyler
State
Virginia
Loan Details
Purchase price
$125,000
Down payment
$15,000
Cost of improvements
$50,000
Estimated property value after repairs
$300,000
Additional Loan Information
Duplex, already has brand new windows and brand new metal roof, majority of Sheetrock is complete and all plumbing and electrical is new and separate from each unit.
Whole Structure is 2,592 SQFT w/ 4bd 2ba and 2 half baths.
Each unit is 1,271 Sqft W/ 2bd 1.5ba
Finish Sheetrock and taping, prime/paint walls and ceilings, install LVP flooring, install appliances and cabinets, install light fixtures and receptacles, replace locks, landscaping,
Whole Structure is 2,592 SQFT w/ 4bd 2ba and 2 half baths.
Each unit is 1,271 Sqft W/ 2bd 1.5ba
Finish Sheetrock and taping, prime/paint walls and ceilings, install LVP flooring, install appliances and cabinets, install light fixtures and receptacles, replace locks, landscaping,
Status
Open
Created
February 13, 2024 - 7:16pm
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