Guy Shmuel Of Swift Capital Provides $1.05M Acquisition And Construction Loan In Flushing
$1,050,000
$740/SF
Building Size
1,419 SF
Asset Type
Single Family Residence
Closing
Jun 29, 2025
AI
The asset involved in this transaction is a single-family residence (SFR) situated in the Flushing market, with a size of 1,419 square feet. The acquisition was financed with a loan amount of $1,050,000, aimed at both acquisition and construction purposes.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,050,000
- Lender: Guy Shmuel - Swift Capital
- Landlord: Xome: Online Auction
- Loan Type: Acquisition + Construction
- Date: 6/30/2025
This transaction showcases the capabilities of Swift Capital, with Guy Shmuel acting as the lender. The company successfully completed the funding in just 8 business days, demonstrating a strong commitment to executing complex deals efficiently under pressure. Swift Capital stepped in to provide necessary urgency, aiding both the borrower and wholesaler to avoid defaulting on their contract.
Players
Market 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93