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Federal Trust Deed | Available Trust Deed Investments - SFR Rental in Chula Vista, CA
FUNDED!
LOAN: #7023
SUBJECT PROPERTY: 862 Date Ave, Chula Vista, CA 91911
Single Family Residence with 3-bed/2-bath, 1786 sq ft w/2-car garage, AC and pool
APPRAISED VALUE: $315,000.00
PURCHASE AMOUNT: $315,000.00
LOAN TERMS
LOAN AMOUNT: $215,000.00
POSITION: 1st
INTEREST: 11%
TERM: 24 mos
LTV: 68%
There is a late charge of 10% of the payment (after 10 days)
There is no prepayment penalty on this loan
This loan contains a balloon payment
SPECIFICS: Subject property is at the lower-end for the neighborhood, surrounded by well-kept, owner-occupied homes. This property sold for $504,000.00 in 2005. Once the sale is completed the home will be marketed for rent at $1900 per mo.LOAN AMOUNT: $215,000.00
POSITION: 1st
INTEREST: 11%
TERM: 24 mos
LTV: 68%
There is a late charge of 10% of the payment (after 10 days)
There is no prepayment penalty on this loan
This loan contains a balloon payment
Information Subject to Change
