Mortage Notes

2035 Dennie Street, Philadelphia PA 19140

INVESTMENT SUMMARY

TYPE UNDERLYING ASSET
Purchase Single Family Residence
The borrower put in 20% for a downpayment.
Good credit 654 and strong financials.
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OVERVIEW

LOAN TYPEPurchase
LIEN POSITION1st
LOAN AMOUNT$63,800.00
PURCHASE PRICE$50,00.00
MARKET VALUE$118,000.00
DOWN PAYMENT20%
ARV LTV54.07%
LOAN TERM12 Months
AMOUNT HELD FOR REHAB0
USE OF PROCEEDSAcquisition
EXIT STRATEGYSell
MATURITY DATE12/01/2023
TARGETED RATES OF RETURN11.99%

Details

ADDRESS2035 Dennie Street, Philadelphia PA 19140
TYPESingle Family Residence
BEDROOMS3
BATHROOMS1
SQUARE FOOTAGE857 sqft

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