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  • Writer's pictureStephen Sinko

A Jewel in the Cave

Updated: May 19, 2021

Estimated Closing Date: 3/31/2021

Property Address: Jewel Cave Dr Las Vegas, NV 89122

Parcel Size: .11 Acres

Residential / Building Area: Manufactured Home

Year Built: 1979

Loan Amount: $90,000.00

Approximate Value: $165,000.00

Loan to Value: 78% based on purchase price

Loan Term: 12 Months – 3 Month Prepay

Payments: Interest Only Payments

Property Zoning: Manufactured Home

Exit Strategy: Sale

Use of Funds: Funds will be used to purchase this single modular

home and convert to real property. Borrower will

invest own funds to repair, rehab this “Fix & Flip”

home. Conversion Company invoice will be paid at

close of escrow. Estimated time frame is 4 months

to resale.

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