Mortage Notes

7034 ABERDEEN RD, UPPER DARBY, PA 19082

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 TYPEPurchase
LIEN POSITION1st
LOAN AMOUNT$62,000.00
PURCHASE PRICE$78,500.00
MARKET VALUE$138,000.00
DOWN PAYMENT20%
ARV LTV44.93%
LOAN TERM12 Months
AMOUNT HELD FOR REHAB0
USE OF PROCEEDSAcquisition
EXIT STRATEGYRefinance into a long-term loan
MATURITY DATE05/21/2023
TARGETED RATES OF RETURN8.25%

Details

ADDRESS7034 ABERDEEN RD, UPPER DARBY, PA 19082
TYPESingle Family Residence
BEDROOMS2
BATHROOMS1
SQUARE FOOTAGE818 sq ft.

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