LTV 75%

1739 Benedetto Pt, Perris, CA 92571

View the Property
Investment Summary

FIRE DAMAGE HOME; Going to to fully Restored . This single family residence is a 4 bedroom, 3 bathroom home that is 2,252 square feet and sits on an 5,227 square foot lot.

Independent third party appraisal commissioned by Trinity Homes shows an After Market Value of $330,000 and an Investment  $250,000 for Address. The LTV is 75% 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 Perris 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.

$250,000 funded of $250,000