West Hollywood SFR Receives $1.99M Refinance Loan From Richard Khalifa At Hypotec Inc
FINANCED
$1,994,300
California
See Similar DealsSingle Family Residence5,222 SF
Financed 10/04/2021
FINANCED
West Hollywood SFR Receives $1.99M Refinance Loan From Richard Khalifa At Hypotec Inc
West Hollywood, CA, USA
See Similar DealsSingle Family Residence5,222 SF
Financed 10/04/2021
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$381
Total Square Footage:5,222 SF
Transaction Type:Loan
A beautiful property located in West Hollywood with stunning jetliner, downtown, and hillside views has recently been involved in a loan transaction. The asset is a single-family residence with a total square footage of 5,222 square feet.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Date: 10/04/2021
- Market: West Hollywood / Hills
- Loan Officer: Richard Khalifa
- Broker: Hypotec Inc.
- Loan Amount: $1,994,300
- Loan Type: Refinance
- Loan Terms: 10 YR I/O (40 YR TERM)
The loan for this property was facilitated by Richard Khalifa from Hypotec Inc. The loan amount for the refinance was $1,994,300 with a 10-year interest-only repayment structure and a 40-year term.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,994,300.00
Monthly NOI$13,295.33
Monthly Debt Service$12,605.33
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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