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

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FINANCED
$1,777,000

Rhode Island

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Single Family Residence
Financed 08/05/2025
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FINANCED

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

9 Champlin Drive

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Single Family Residence
Financed 08/05/2025
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Summary

RHODE ISLAND
Asset Type:Single Family Residence
Transaction Type:Loan

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

CR
11 deals$33.5M volume
LENDER

Details

FINANCED
IMAGE: Christopher J. Roche DATE: 08/04/2025 ADDRESS: 9 Champlin Drive MARKET: Westerly, RI ASSET TYPE: SFR LENDER: Christopher J. Roche (@HardMoneyGreaterBoston) - Crowd Lending Inc. LOAN AMOUNT: $1,777,000 LOAN TYPE: Acquisition LOAN TERMS: One Year

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$1,777,000.00

Monthly NOI$11,846.67
Monthly Debt Service$11,231.85
Change in Cash Flow$0.00
Refinance Proceeds$0.00