Rate Detail
- York Mortgage Rate: 10%
- Management Fee: 2%
- Net Investor Rate: 8%
Investment Overview
- Originator: York Funding LLC
- Lien Type: First Mortgage
- Repayment Type: Interest only
- Origination Date: 04/24/18
- Maturity Date: 10/24/19
Investment Purpose & Strategy
- Loan Purpose: Acquisition & Renovation
- Loan Strategy: Bridge
- Property Purchase Price: $ 1,510,000
- Rehab Budget: $ 1,589,950
LTV Details
- Market Value: $ 4,250,000
- Loan to Value: 64%