LTV 74%

5632 Palomar Ave San Bernardino, CA 92404

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Investment Summary

This single family residence is a 3 bedroom, 2 bathroom home that is 1420 square feet and sits on an 8,736 square foot lot.

Independent third party appraisal commissioned by Trinity Redevelopment shows an After Rehab Value (ARV) of $330,000 and an Investment $246,000 for Address. The LTV is 74% and is in line with the data we found during our due diligence process. The valuation report shows the residential market surrounding all underlying properties in this area of San Bernardino is neutral and supply outweighs demand, and the residential market surrounding all underlying properties in this area of San Bernardino County is stable and supply and demand are in balance.

This property will be rehabbed from top to bottom. Including but not limited to: 1) new two-tone paint inside and out 2) new baseboards 3) new kitchen cabinets, granite, and backsplash 4) new flooring throughout with a combination of tile/wood and carpet 5) new bathroom remodel 6) new finishes 7) new doors 8) minor landscaping 9) *new windows 10) *new water heater 11) new light fixtures 12) all FHA safety and required repairs.

$246,000 funded of $246,000