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
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