Location:
145-17 Willets Point Blvd, Flushing, NY 11357, USA
145-17 Willets Point Blvd, Flushing, NY 11357, USA
Rate Detail
- York Mortgage Rate: 11%
- Management Fee: 2%
- Net Investor Rate: 9%
Investment Overview
- Originator: York Funding LLC
- Lien Type: First Mortgage
- Repayment Type: Interest only
- Origination Date: 03/20/18
- Maturity Date: 09/20/19
Investment Purpose & Strategy
- Loan Purpose: Acquisition & Sale
- Loan Strategy: Bridge
- Property Purchase Price: $ 4,000,000
LTV Details
- Market Value: $ 5,500,000
- Loan to Value: 55%