Property Type |
Brick Bungalow
|
Property Value (post renovations)
|
$130,000 per appraisal
|
Property Acquisition
Construction Budget
|
$135,000
$0 |
Borrower Equity/Capital Structure
|
25%/75% |
Loan Amount
|
$101,250 |
LTV
|
77.9% |
Economics
|
Interest Rate : 10.8%
Points: 4 |
Total Interest/Points Income for Loan |
Interest: $11,755
Points: $4,050 |
Investor Rate of Return
Medford Manager Rate of Return
Total Fund Rate of Return |
9.40%
5.19%
14.59% |
|