2835 Gladstone Dr, Dallas, Texas 75211

COLLATERAL

Address: 2835 Gladstone Dr, Dallas, TX 75211

Bed/Bath/Square Footage: 5/2/1,404 Sq.Ft.

Garage: N/A (Converted to bedroom)

As-Is Value: $230,000

After Repair Value: $310,000

LOAN DETAILS

Purchase Price: $220,000

Borrower’s Down Payment: $22,000

Loan Amount: $198,000

     -Acquisition: $198,000

     -Construction: $0 

LTV: 63.8%

Term Length: 12 Months

Target Closing Date: 5/17/2019

Funding Commitment by: 5/15/2019

INVESTMENT RETURN

Investment: $198,000

ROI: 10% per annum

Monthly Return: $1,650

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