Property Details
Market:
Noblesville, Indiana
Zip Code:
46060
Date Acquired: 11-28-2017
Asset Class: A
Purchase Price: $95,000
Rehab Budget: $10,000
Rehab Time Frame: 60 Days
Projected After Repair Value: $165,000
Monthly Lease: $1,375
All-in cost: $123,xxx
Current value: $185,000
Equity: $62,000
Avg. Real Monthly Cashflow: $202.41
Funded: One of our private lenders was given a 1st position lien for $121,000 at 8% interest on a two-year term. This earned them a completely passive return of $14,520 over the 18-months their capital was invested with us.