Property Type |
Single Family Home
|
Property Value (post renovations)
|
$1,136,759 Sold
|
Property Acquisition
Construction Budget
|
$190,000
$586,000
|
Borrower Equity/Capital Structure
|
33%/67%
|
Loan Amount
|
$519,050
|
LTV
|
46%
|
Economics
|
Interest Rate : 10.6%
Points: 4
|
Total Interest/Points Income for Loan |
Interest: $15,709
Points: $20,762 |
Investor Rate of Return
Medford Manager Rate of Return
Total Fund Rate of Return |
11.35%
13.60%
24.95% |
|