Loan amount
$2,000,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$2,100,000 {PP:$2,100,000}
LTV
95% {LTV}
Property type
Retail/Strip Mall
Borrower Details
Credit score
750
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Baltimore
State
Maryland
Loan Details
Purchase price
$2,100,000
Down payment
$100,000
Additional Loan Information
Own a single unit commercial retail property that is currently being leased to a Dollar Tree under triple net lease terms. Landlord responsible for structure and roof. NOI estimated to be about 155,000. Cap rate estimated to be 7.5%
Status
Created
April 7, 2024 - 9:12pm

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