1470 East Del Mar Boulevard, Pasadena, CA 91106, USA


Investment Summary

Investment Overview

Estimated Hold Time 10-12 Months
Investment Availability

Closed to Lenders

Youtube Link

Loan Details

Lien Position 1st Trust Deed
Loan Amount $820,000
Net Interest Rate 8.75%
Term I/O due in 1 year
Type of Transaction Residential
Type of Loan Fix & Flip
Transaction Type Purchase
Occupancy Investment Property

Purchase Information

Purchase Price $990,000
As-is Value $1,450,000
ARV $1,500,000
Rehab Needed $125,000
LTV (PP) 82.83%
LTV (As is) 56.55%
LTV (ARV) 54.67%

Property Information

Property Type SFR
Number of Units 1
Bedrooms / Bathrooms 3/4
Building Sq. Ft. 2,201

Automated Values

Zillow $1,541,238
Trulia $1,538,390
Redfin $
Bank of America $1,257,648 - $1,509,913

Property Attributes

On a Busy Street

No

Near Train Tracks

No

Near Freeway

No

Suburban or Rural

Suburban

BSF

Interest Rate 10.00%
Broker Service Fee 1.25 %
Net Rate 8.75%

Location Details


Investment Overview

Loan Amount $820,000
Net Interest Rate 8.75%
Lien Position 1st Trust Deed
Term I/O due in 1 year
Purchase Price $990,000
As-is Value $1,450,000
LTV (As Is) 56.55%
Type of Loan Fix & Flip
Transaction Type Purchase
Occupancy Investment Property

Documents

Appraisal
BPO (Click to Download)
Appraisal Review
MLS Listing - Before
MLS Listing - After (Click to Download)
Comps
Have a Question ?

If you have a question about the transaction process general inquiry, Premier Money Source will be happy to help.