LTV 72%

3016 N. Stoddard Ave San Bernardino, CA

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Investment Summary

This single family residence is a 3 bedroom, 2 bathroom home that is 1,634 square feet and sits on a 5,460 square foot lot. 

Independent third party appraisal commissioned by Trinity Redevelopment shows an After Rehab Value (ARV) of $298,000 and an Investment  $216,000 for Address. The LTV is 72% 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 Fontana 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.  Trinity Redevelopment has invested ($30,000) to subject to reach ARV.

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.

* May Vary

$216,000 funded of $216,000