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.
On the Map
$1,777,000
Single Family Residence
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Westerly 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
8.93%
Cash-on-Cash
-2.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93