● Value: $280,000
● Rent: $2,264/month
● Loan Payment: $1,478.46/month
● Loan Amount: $197,200
● Loan Initiation: 9/2/22
● Term: 360 months
● Loan Type: ARM 5/1 Libor with 5/2/5 Caps, 5-year interest-only, 30-year term
● Margin: 6%
● Rate: 6.25%
● Improvements: New HVAC, kitchen cabinets and appliances, LVT flooring,
bathroom updates, interior and exterior paint, new doors and trim, new windows,
new roof, structural support, all new mechanicals, added primary bathroom
● Updated Value Justification: Property enhancements and added amenities
contribute to an increased valuation, aligned with regional real estate trends.