5613 West Camino Cielo, Santa Barbara, CA 93105, USA


Investment Summary

Investment Overview

Estimated Hold Time 19-24 Months
Investment Availability

Closed to Lenders

Youtube Link

Loan Details

Lien Position 1st Trust Deed
Loan Amount $250,000
Net Interest Rate 8.25%
Term I/O due in 3 years
Type of Transaction Residential
Type of Loan Fix & Flip
Transaction Type Purchase
Occupancy Investment Property

Purchase Information

Purchase Price $900,000
As-is Value $950,000
ARV $1,050,000
Rehab Needed $50,000
LTV (PP) 27.78%
LTV (As is) 26.32%
LTV (ARV) 23.81%

Junior/Senior Financing

Junior/Senior Financing No
Type of Junior/Senior Financing
Junior/Senior Lien Position
Junior/Senior Loan Amount

Borrower Information

Credit Score
Foreclosure No
Bankruptcy No
Closed Flips YTD
Closed Flips Lifetime
Investment Properties Owned

Property Information

Property Type SFR
Number of Units 1
Bedrooms / Bathrooms 3/2
Building Sq. Ft. 952

Automated Values

Zillow
Trulia
Redfin $857,114
Bank of America

Property Attributes

On a Busy Street

No

Near Train Tracks

No

Near Freeway

No

Suburban or Rural

Suburban

BSF

Interest Rate 9.99%
Broker Service Fee 1.74 %
Net Rate 8.25%

Location Details


Investment Overview

Loan Amount $250,000
Net Interest Rate 8.25%
Lien Position 1st Trust Deed
Term I/O due in 3 years
Purchase Price $900,000
As-is Value $950,000
LTV (As Is) 26.32%
Type of Loan Fix & Flip
Transaction Type Purchase
Occupancy Investment Property

Documents

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

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