1840 Cornet Ct, Prosper, Texas 75078

COLLATERAL

Address: 1840 Cornet Ct, Prosper, Texas 75078

Bed/Bath/Square Footage: 4/4.5/6,479 Sq.Ft.

Garage: 4 Car

As-Is Value: $1,350,000-1,500,000 (will order appraisal)

After Repair Value: $1,350,000-1,500,000 (property does not need renovations)

LOAN DETAILS

Purchase Price: $1,100,000

Borrower’s Down Payment: $110,000

Loan Amount: $990,000

     -Acquisition: $990,000     

     -Construction: $0

LTV: 66-73%

Term Length: 12 Months

Target Closing Date: 7/4/2019

Funding Commitment by: 6/30/2019

INVESTMENT RETURN

Investment: $990,000

ROI: 10% per annum

Monthly Return: $8,250

SUBSCRIBE VIA EMAIL

  • phone-symbol-of-an-auricular-inside-a-ci
  • sent-mail
  • Facebook - Black Circle

© 2019 by Black Label Capital, LLC