Loan amount
$2,117,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$2,775,000 {PP:$1,925,000}
ARV
76% {ARV}
Property type
Single Family
Borrower Details
Credit score
717
Deal experience
5 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Duluth
State
Georgia
Loan Details
Purchase price
$1,925,000
Down payment
$0
Cost of improvements
$192,000
Estimated property value after repairs
$2,775,000
Additional Loan Information
SFR, of 6343 sqft above grade finished. 4103 sqft unfinished. Cost to finish (rehab) is $192,000. As Is value (Recent appraisal) is $2,130,000. Purchase price is $1,925,000.
Above grade finished @ 342 per sqft. After Repair Value range Between $2,775,000 and $3,220,000
Status
Created
January 24, 2022 - 9:17pm

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