Loan amount
$113,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$150,000 {PP:$83,000}
ARV
75% {ARV}
Property type
Single Family
Borrower Details
Credit score
640
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
MIDDLETOWN
State
Ohio
Loan Details
Purchase price
$83,000
Down payment
$10,000
Cost of improvements
$40,000
Estimated property value after repairs
$150,000
Additional Loan Information
It’s a single house 1800 sq ft with a 30ft by 40ft store front and garage the house will rent for $1100 a month and the garage rent for $800 a month
Status
Created
September 24, 2021 - 3:54pm

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