Yorba Linda CA Gap Funding Requirement

[Christopher Winkler]

Looking for 20% gap funding, plus renovations & holding costs of $354,000.00 for a rehab on a nice property in Yorba Linda, CA. Split profits 40/60 with Gap funder.

• ARV: $2,100,000.00
• Appraised Value: $1,500,000.00
• Purchase Price: $1,360,000.00
• LTV: 90.67%
• CLTV: 80%
• ARV LTV: 57.14
• Amount Financed 75%: $1,200,000.00
• Gap Payment 20%: $160,000.00
• Renovations: $140,000.00
• 6 Months Carry Cost: $54,000.00
• Closing Costs: $121,498.00
• Anticipated Profits: $424,502.00
• 40% of Profits: $169,800.00
• Anticipated Return: 48%

Please PM me for more info...