INVESTMENT SUMMARY
| TYPE | UNDERLYING ASSET |
| Purchase | Single Family Residence |
| Experience rehabbing multiple properties in Pennsylvania for the last 10 years and own rentals. |
| The borrower put in 20% for a downpayment. |
| Good credit 716 and strong financials. |
| Repeat borrower |
| N/A |
| N/A |
| N/A |
OVERVIEW
| LOAN TYPE | Purchase |
| LIEN POSITION | 1st |
| LOAN AMOUNT | $62,000.00 |
| PURCHASE PRICE | $78,500.00 |
| MARKET VALUE | $138,000.00 |
| DOWN PAYMENT | 20% |
| ARV LTV | 44.93% |
| LOAN TERM | 12 Months |
| AMOUNT HELD FOR REHAB | 0 |
| USE OF PROCEEDS | Acquisition |
| EXIT STRATEGY | Refinance into a long-term loan |
| MATURITY DATE | 05/21/2023 |
| TARGETED RATES OF RETURN | 8.25% |
Details
| ADDRESS | 7034 ABERDEEN RD, UPPER DARBY, PA 19082 |
| TYPE | Single Family Residence |
| BEDROOMS | 2 |
| BATHROOMS | 1 |
| SQUARE FOOTAGE | 818 sq ft. |
