● Value: $295,000
● Rent: $1,718/month
● Loan Payment: $1,311.89/month
● Loan Amount: $196,000
● Loan Initiation: 3/31/22
● 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 bathroom with tile shower, new LVT flooring, new kitchen cabinets and appliances, new water heater, new laundry area.
● Updated Value Justification: Based on comparable property improvements and market trends.