4133 West 61st Street, Los Angeles, CA 90043, 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 $510,000
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 $575,000
As-is Value $675,000
ARV $725,000
Rehab Needed $40,000
LTV (PP) 88.70%
LTV (As is) 75.56%
LTV (ARV) 70.34%

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. 1,529

Automated Values

Zillow $628,505
Trulia $
Redfin $701,388
Bank of America

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 $510,000
Net Interest Rate 8.75%
Lien Position 1st Trust Deed
Term I/O due in 1 year
Purchase Price $575,000
As-is Value $675,000
LTV (As Is) 75.56%
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.