CONTROL:
Owner
PRICE:
$1,000,000
FACE VALUE:
$1,000,000
BALANCE OWING:
$1,000,000
MONTHLY PAYMENT:
$8,333
ANNUAL PAYMENT:
$99,996
INTEREST RATE:
20.00%
ORIGINATION DATE OF NOTE:
Apr 8, 2025
MATURITY DATE OF NOTE:
Apr 8, 2030
HAVE:
66% LTV Note on Luxury rental home in prestigious=ous community..
CAN ADD:
Texas Oil country apartments, Other luxury homes and notes, FL Panhandle rental houses.
REMARKS:
Note is to be created, so can be structured to meet the needs of the transaction.
NOTE COLLATERAL INFORMATION
TYPE OF COLLATERAL:
Home
LOCATION:
La Quinta, California
RECORDED LIEN POSITION:
1st
INSTRUMENT OF SECURITY:
Deed of Trust
PERSONAL GUARANTEE?
No
COLLATERAL VALUE:
$1,550,000
COLLATERAL ANNUAL EXPENSES:
$27,100
COLLATERAL NOI:
$247,900
COUNSELOR:
Gregory Walden
Pacifica Realty Corp
2702 Crown Valley Pkwy
Ladera Ranch,
California,
92694
