West Hollywood SFR Receives $1.99M Refinance Loan From Richard Khalifa At Hypotec Inc
West Hollywood, CA, USA
$1,994,300
$381/SF
Building Size
5,222 SF
Asset Type
Single Family Residence
Closing
Oct 4, 2021
AI
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.
Players
West Hollywood Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.95%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93