Loan amount
$657,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$750,000
{PP:$665,000}
LTV
88%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
615
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Hilo
State
Hawaii
Loan Details
Purchase price
$665,000
Down payment
$8,000
Additional Loan Information
Owner upgraded the electric panel (6K) and installed a permanent roof over the
deck for the back 2 units (10K)
Unit 1 1 bedroom / 1 bath - Current Rent $1150
Unit 2 Studio / bath - Current Rent $950
Unit 3 Studio / bath - Current Rent $900
Unit 4 1 bdrm / 1 bath - Currently Vacant - Past Rent $1000
Unit 5 2 bdrm / 1 bath - Current Rent $1250
Unit 6 Studio / bath - Current Rent $950
Utilites and Maintenance Expenses (Dec 2020)
Common Electric $ 78.53 (Currently Owner is paying $26.60 for the vacant unit)
Wastewater $ 480
Landscaping $ 120
Trash Service $129.17
Maintenance $ 288
Water $ 92.40
deck for the back 2 units (10K)
Unit 1 1 bedroom / 1 bath - Current Rent $1150
Unit 2 Studio / bath - Current Rent $950
Unit 3 Studio / bath - Current Rent $900
Unit 4 1 bdrm / 1 bath - Currently Vacant - Past Rent $1000
Unit 5 2 bdrm / 1 bath - Current Rent $1250
Unit 6 Studio / bath - Current Rent $950
Utilites and Maintenance Expenses (Dec 2020)
Common Electric $ 78.53 (Currently Owner is paying $26.60 for the vacant unit)
Wastewater $ 480
Landscaping $ 120
Trash Service $129.17
Maintenance $ 288
Water $ 92.40
Status
Open
Created
February 13, 2021 - 2:53pm
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