● Value: $323,000
● Rent: $2,043/month
● Taxes and Insurance are paid in escrow included in loan payment
● Loan Payment: $1,224.91/month
● Loan Amount: $240,000
● Loan Initiation: 3/2/22
● Term: 360 months
● Loan Type: ARM 5/1 Libor with 5/2/5 Caps, 5-year interest-only, 30-year term
● Margin: 6%
● Rate: 4.75%
● Improvements: New HVAC, kitchen cabinets and appliances, LVT flooring, added
bedroom and bathroom, bathroom updates, interior and exterior paint, new doors
and trim, new windows, new roof, structural support, all new mechanicals.
● Updated Value Justification: Based on appraisal.