Sean Kelly-Rand Of RD Advisors Provides $1.48M Bridge Loan For Westwood SFR Transaction
FINANCED
$1,480,000
Massachusetts
See Similar DealsSingle Family Residence1,120 SF
Financed 07/29/2024
FINANCED
Sean Kelly-Rand Of RD Advisors Provides $1.48M Bridge Loan For Westwood SFR Transaction
146 Burgess Avenue
See Similar DealsSingle Family Residence1,120 SF
Financed 07/29/2024
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$1,321
Total Square Footage:1,120 SF
Transaction Type:Loan
The property asset involved in this transaction is a single-family residence located at 146 Burgess Avenue in Westwood, MA. It encompasses a total square footage of 1,120 and is classified as a non-owner occupied residential property.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,480,000
- Market: Westwood, MA
- Lender: Sean Kelly-Rand - RD Advisors
- Loan Type: Bridge
The deal is facilitated by Sean Kelly-Rand of RD Advisors, who is accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts. Potential borrowers can submit their deals through the RD Advisors website in under 5 minutes.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,480,000.00
Monthly NOI$9,866.67
Monthly Debt Service$9,354.61
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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