Fix & Flip – Springfield, IL

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Note Size: $131,950
>$100K Remaining

2023IL910R

Note ID

3,449 SqFt

Size

7

Bedrooms

4

Bathrooms

Address

Address: 910 South 2nd Street Springfield, IL
  • Country: United States
  • Postal code / ZIP: 62704
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  • Note ID 2023IL910R
  • Price Note Size: $131,950
  • Property Type 2-4 Unit
  • Property status >$100K Remaining
  • Bedrooms 7
  • Bathrooms 4
  • Year Built 1960
  • Size 3,449 SqFt
  • Label Partial Note
  • Note Type Fix & Flip
  • Whole Note - Annual Yield (%) 11%
  • Whole Note - Monthly Yield ($) $1209.54
  • Participation - Annual Yield (%) 10.5%
  • Loan Maturity Date (MM/DD/YY) 01/27/2024
  • Property Current Value ($) $10284.55
  • Property Construction Budget ($) $123,706.00
  • Property After Repair Value ($) $185,000.00
  • Loan to Current Value (%) 80.16
  • Loan to After Repair Value (%) 71.32%
  • Invest - Participation Agreement https://na3.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=8dae5105-70c5-4dba-912b-a8f3b971f7d1&env=na3&acct=dc183316-55b9-4b28-b9ae-24cc404e81a6&v=2

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