228 Nottingham Dr, Irving, TX 75061

COLLATERAL

Address: 228 Nottingham Dr, Irving, TX 75061

Bed/Bath/Square Footage: 4/2/2,834 Sq.Ft.

Garage: 2 Car

As-Is Value: $205,000

After Repair Value: $290,000

LOAN DETAILS

Purchase Price: $205,000

Borrower’s Down Payment: $20,500

Loan Amount: $203,000

     -Acquisition: $184,500

     -Construction Holdbacks: $18,500

LTV: 70%

Term Length: 6 Months

Target Closing Date: 3/25/2019

Funding Commitment by: 3/22/2019

INVESTMENT RETURN

Investment: $203,000

ROI: 10% per annum

Monthly Return: $1,691.67

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