Richard Khalifa Secures $1.1M Acquisition Loan In San Fernando Valley
FINANCED
$1,100,000
California
See Similar DealsSingle Family Residence7,630 SF
Financed 12/28/2021
FINANCED
Richard Khalifa Secures $1.1M Acquisition Loan In San Fernando Valley
San Fernando, California, United States
See Similar DealsSingle Family Residence7,630 SF
Financed 12/28/2021
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$144
Total Square Footage:7,630 SF
Transaction Type:Loan
A single-family residential property in the San Fernando Valley has been involved in a closed transaction. The property spans an area of 7,630 square feet.
Summary of transaction details:
- Property Type: Single-Family Residential
- Transaction Amount: $1,100,000
- Market: San Fernando Valley
The loan for this transaction was facilitated by Richard Khalifa, a loan officer. The loan was acquired through Hypotec Inc., represented by the broker, Stephen Sweeney. The loan amount was $1,100,000, and it was an acquisition loan with a 30-year term.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,100,000.00
Monthly NOI$7,333.33
Monthly Debt Service$6,952.75
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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