Richard Khalifa Of Hypotec Inc. Provides $2.7M Acquisition Loan In Malibu Loan Deal
Malibu, California, United States
$2,730,000
Building Size
—
Asset Type
Single Family Residence
Closing
Apr 17, 2023
AI
RICHARD KHALIFA of Hypotec Inc. facilitated a loan transaction in Malibu. The single-family residential property, situated on 1.08 acres of land, was acquired. The loan officer, Richard Khalifa, oversaw the financing process.
Summary of transaction details
- Property Type: Single-Family Residential
- Transaction Amount: $2,730,000
- Market: Malibu
- Asset Type: SFR
- Acres: 1.08
The loan, an acquisition loan, was structured with a fixed term of 30 years. Richard Khalifa, an experienced loan officer from Hypotec Inc., ensured the successful completion of the transaction.
Players
Malibu 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
5.81%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93