868 West 3rd Street, Pomona, CA 91766, USA


Investment Summary

Investment Overview

Estimated Hold Time 6-9 Months
Investment Availability

Closed to Lenders

Youtube Link

Loan Details

Lien Position 1st Trust Deed
Loan Amount $220,000
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 $275,000
As-is Value $340,000
ARV $385,000
Rehab Needed $35,000
LTV (PP) 80.00%
LTV (As is) 64.71%
LTV (ARV) 57.14%

Property Information

Property Type SFR
Number of Units 1
Bedrooms / Bathrooms 3/1
Building Sq. Ft. 1,196

Automated Values

Zillow $320,964
Trulia $380,000
Redfin $296,869
Bank of America $151,600 - $467,177

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 $220,000
Net Interest Rate 8.75%
Lien Position 1st Trust Deed
Term I/O due in 1 year
Purchase Price $275,000
As-is Value $340,000
LTV (As Is) 64.71%
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
Comps
Have a Question ?

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