RD Advisors Provides $515K Rehabilitation Loan For SFR In Woburn, MA
50 Alfred St
Building Size
—
Asset Type
—
Closing
Sep 15, 2022
About this deal
AI
A single-family home located at 50 Alfred St in Woburn, MA recently underwent a rehabilitation project with the help of a loan from RD Advisors. The loan amount of $515,000 was provided by RD Advisors, a reputable lender specializing in non-owner occupied residential and commercial property financing in Massachusetts.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $515,000
- Address: 50 Alfred St, Woburn, MA
- Market: Woburn, MA
- Lender: RD Advisors
- Lender's Representative: Sean Kelly-Rand
- Loan Type: Rehabilitation
RD Advisors, represented by Sean Kelly-Rand, is actively accepting loan requests for both non-owner occupied residential and commercial properties in Massachusetts. With a simple and quick submission process on their website, borrowers can reach out to RD Advisors for their financing needs.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93