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9 Champlin Drive

Christopher J. Roche Of Crowd Lending Inc. Provides $1.777M Acquisition Loan For SFR In Westerly RI
FINANCEDSingle Family Residence

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

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.

Players

Christopher J. Roche

Crowd Lending

Lender

$40.9M

vol

13 deals

Lender

Westerly 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

8.93%

Cash-on-Cash

-2.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93