Current Investments
Below is the list of current Trust Deed Investments available through NorCal Capital Management. To get a more detailed look at the investment, simply click on the "Details" button below any Investment Summary. If you're interested in receiving more information on how to invest in one of these opportunities, call Brooke Bullard at 925-478-2279. You can also Join Our List and receive emails with these Investment Summaries the moment they become available.
61 Carrerio Lane, Walnut Creek, CA 94597
61 Carrerio Lane has been successfuly FUNDED!
Close of Escrow (COE): August 4th, 2011
| LOAN TERMS |
|
RETURN (ROI) ESTIMATES |
| Investment Type |
Rehab - 2nd Loan Only |
|
Sales Price |
$720,000.00 |
| Purchase Price |
$350,550 |
1st Mortgage |
$210,330.00 |
| Rehab Costs |
$100,100 |
2nd Mortgage |
$293,700.00 |
| Current Value |
$350,550 |
Agent Commissions |
6% |
| After Repair Value |
$720,000 |
Agent Commissions (as cash) |
$43,200.00 |
| Loan Amount 2nd |
$293,700 |
Other Seller Closing Costs |
$3,600.00 |
| CLTV (Based on ARV) |
70.0% |
|
|
|
|
Net Equity |
$157,312.41 |
| Interest Rate |
12%* |
|
|
| Loan Term |
6 months |
Lender's SAM (as percent of equity) |
20% |
| Monthly Payment |
$2,937.00 |
Lender's SAM (as cash) |
$37,385.46 |
*12% interest with a 1% servicing fee for a net of 11% interest.
Details
