● Value: $295,000
● Rent: $1,850/month
● Taxes and Insurance are paid in escrow and included in the loan payment
● Loan Payment: $1,335.39/month
● Loan Amount: $184,000
● Loan Initiation: 08/31/21
● Term: 360 months
● Loan Type: ARM 5/1 Libor with 5/2/5 Caps, 5-year interest-only, 30-year term
● Margin: 6%
● Rate: 4.99%
● Improvements: New HVAC, LVT flooring, new kitchen cabinets and appliances,
updated bathrooms, interior painting, new gutters and downspouts, new front
and back steps.
● Updated Value Justification: Based on appraisal adjustments from 186 Wadley St NW.