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13048 Evanston Street, Bren...

Logan Investments Provides $3M Loan For Brentwood SFR - 13048 Evanston Street
FINANCEDSingle Family Residence

Logan Investments Provides $3M Loan For Brentwood SFR - 13048 Evanston Street

13048 Evanston Street, Brentwood, Los Angeles, CA, USA

$3,000,000

$505/SF

Building Size

5,940 SF

Asset Type

Single Family Residence

Closing

May 11, 2020

AI

A single-family home located at 13048 Evanston Street in the Brentwood market recently underwent a loan transaction. The loan was provided by Logan Investments, represented by Ron Sentchuk. The loan amount was $3,000,000, and the loan terms included a 9% interest rate for a duration of 12 months.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,000,000
  • Address: 13048 Evanston Street
  • Market: Brentwood

Barry Beitler of Bb Management Group served as the landlord in this loan transaction. Ron Sentchuk, from Logan Investments, acted as the broker in the deal. It was a closed transaction with no further details provided.

Players

Ron Sentchuk

Broker

$143.7M

vol

16 deals

Broker
Logan Investments
Logan InvestmentsLender

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93