3901 Dryden Rd, Port Arthur, Texas 77642

COLLATERAL

Address: 3901 Dryden Rd, Port Arthur, Texas 77642

Bed/Bath/Square Footage: 5/5/1,592 Sq.Ft.

Garage: 3 Car

As-Is Value: $200,000

After Repair Value: $400,000

View Comparables (pending appraisal)

LOAN DETAILS

Purchase Price: $200,000

Borrower’s Down Payment: $20,000

Loan Amount: $280,000

     -Acquisition: $180,000

     -Construction: $100,000

LTV: 70%

Term Length: 6 Months

Target Closing Date: 8/23/2019

Funding Commitment by: 8/19/2019

View Borrower Profile

RENOVATION SCOPE OF WORK

INVESTMENT RETURN

Investment: $280,000

ROI: 10% per annum

Monthly Return: $2,333.33

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