Updated Oct 24, 2025
Christopher J. Roche Of Crowd Lending Inc. Provides $1.777M Acquisition Loan For SFR In Westerly RI
9 Champlin Drive
$1,777,000
Building Size
—
Asset Type
Single Family Residence
Closing
Aug 4, 2025
About this deal
AI
The property asset involved in this transaction is a single-family residence located at 9 Champlin Drive, Westerly, RI. The loan amount secured for acquisition is $1,777,000, with the loan terms set for one year.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,777,000
- Lender: Christopher J. Roche - Crowd Lending Inc.
- Loan Type: Acquisition
- Loan Terms: One Year
The key individual involved in the financing of this acquisition is Christopher J. Roche, representing Crowd Lending Inc. as the lender in this transaction.
Westerly Single Family Residence Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.93%
Cash-on-Cash
-2.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93