4104 East Colorado Street, Long Beach, CA 90814, USA
Investment Summary
Investment Overview
Loan Details
| Lien Position | 1st Trust Deed |
| Loan Amount | $695,000 |
| Net Interest Rate | 8.75% |
| Term | 40/1 Year |
| Type of Transaction | Residential |
| Type of Loan | O/O Business Purpose |
| Transaction Type | Purchase |
| Occupancy | Investment Property |
Purchase Information
| Purchase Price | $780,000 |
| As-is Value | $1,090,000 |
| ARV | $1,200,000 |
| Rehab Needed | $75,000 |
| LTV (PP) | 89.10% |
| LTV (As is) | 63.76% |
| LTV (ARV) | 57.92% |
Property Information
| Property Type | SFR |
| Number of Units | 1 |
| Bedrooms / Bathrooms | 4/3 |
| Building Sq. Ft. | 2,937 |
Automated Values
| Zillow | $1,231,260 |
| Trulia | $1,341,549 |
| Redfin | $ |
| Bank of America | $1,108,256 - $1,434,252 |
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 | $695,000 |
| Net Interest Rate | 8.75% |
| Lien Position | 1st Trust Deed |
| Term | 40/1 Year |
| Purchase Price | $780,000 |
| As-is Value | $1,090,000 |
| LTV (As Is) | 63.76% |
| Type of Loan | O/O Business Purpose |
| 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.