Kansas City, MO – $125,850
Note Size: $125,850
Available - Originated
333984
Property ID
Description
The Borrower is an experienced entrepreneur with a passion for real estate. Focusing in the Kansas City area, He buys single family homes and runs them through a very thorough rehab process. This is done to market them as “turnkey rental properties” for passive income investors. Prior to making a full time leap into real estate, he started and sold several successful businesses.
Kevin Hill
Address
Address:
3920 South Benton Avenue, Kansas City, MO 64130
- Country: United States
- Postal code / ZIP: 64130
- Property ID 333984
- Price Note Size: $125,850
- Property Type Fix & Rent
- Property status Available - Originated
- Label $100K-199K, 10%
- Borrower - FICO 750+
- Borrower - Similar Projects Completed 15+
- Property - Purchase Price / As Is Value $65,000
- Property - Construction Budget $67,350
- Property - After Repair Value $170,000
- Loan - Loan to After Repair Value (LTARV) 74.03%
- Loan - Loan to Value (LTV) 90%
- Exit - Rent Estimate $2,200
- Exit - Debt Service Coverage Ratio at Exit (DSCR) 1.10+
- Exit - Sale Profit Estimate $42,000
File Attachments
3429_E_45th_St_Detailed_Budget_Form.xlsx
Download
Contact
Name: Nate Agnini
(303) 245-0291
nate@alohaprivatelending.com
test more info.
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