2753 Larkspur Lane, Dallas, Texas 75233

COLLATERAL

Address: 2753 Larkspur Lane, Dallas, Texas 75233

Bed/Bath/Square Footage: 3/2/2,363 Sq.Ft.

Garage: 2 Car

As-Is Value: $215,000

After Repair Value: $360,000

LOAN DETAILS

Purchase Price: $215,000

Borrower’s Down Payment: $19,350

Loan Amount: $270,000

     -Acquisition: $195,650

     -Construction: $74,350

LTV: 75%

Term Length: 6 Months

Target Closing Date: 8/8/2019

Funding Commitment by: 8/7/2019

INVESTMENT RETURN

Investment: $270,000

ROI: 10% per annum

Monthly Return: $2,250

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