Funding Deadline: March 29, 2020
1716 Edison Street Detroit, MI 48206
Investment Opportunity
Your Investment: | $195,000.00 |
---|---|
Property After Repair Value (ARV): | $300,000.00 |
Loan-To-Value (LTV) Ratio: | 65.00% |
Your Investment Secured By: | New 1st Mortgage |
Your Investment Term: | 60 Months |
Your Rate of Return: | 7% |
Monthly Interest Income: | $1,137.50 |
Compare the Difference
$195,000.00 Loan @ 7.00% Interest
Comparison: $195,000.00 | Interest | Annual Return |
Strong Tower Ventures Loan - Interest Only: | 7.00% | $13,650.00 |
JP Morgan Mortgage Backed: | 2.27% | $4,426.50 |
Best Bank CD - *3 yr term: | 1.60% | $3,120.00 |
One Year US Treasury Bill: | 0.68% | $1,326.00 |
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