PROPERTY DETAILS
ADDRESS
605 Southwood Ave, Columbus, OH 43207
Purchase Price
$122,000
As-Is Value (AIV)
$128,000
Rehab Budget
$95,000
Exit Value (ARV)
$315,000
LOan Details
Total Loan Amount
$204,800
Investor Yield (Annualized)
10%%
Loan Type
Rehab
Loan Exit
Sell Property
Funding Date
11/01/2022
Loan Length (Months)
6
Loan-To-Value (LTV) or Loan-To-Cost (LTC)
85.78%
Loan-To-After Repair Value (LTARV)
65.02%
Borrower Details
# of Similar Completed Project in Past 3 Years
5+
Primary Guarantor FICO Score
743
Borrower Bio & Background
An experienced BRRRR (Rehab to Rent) investor investing into the Columbus, OH market. This is a repeat client of Aloha Capital with 5+ projects financed in the past 3 years.
Property Image (BEFORE REMODEL)
Google Street View
https://goo.gl/maps/jymiyrzqPaESzrgUA