Estimated Closing Date: 12/17/2021 Property Address: Scotts Valley Dr. Henderson, NV 89052 (Sun City Anthem)
Parcel Size: 7,405 sqftResidential / Building Area: 1,917 sq ft 2 Bed & 2 Bath - 55+ CommunityYear Built: 2000
Useful Information: Fixer-upper and will need a completely new kitchen. Bidders had to have Highest and Best on the property. Property has amazing City Views. This is a complete remodel. Borrowers repair estimate at approximately ($64,000.00) of which $4k is miscellaneous
Loan Amount: $368,000.00Approximate Value: $460,000 purchase contract Loan to Value: 80% based on purchase priceARV: $460,000Loan Term: 12 Months – 3-month interest GuaranteedPayments: Interest Only PaymentsProperty Zoning: Single Family HomeExit Strategy: Sale Use of Funds: Fix and Flips
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