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Passive Lending Long Term Cash Flow Opportunity

24951 Treadwell Avenue, Euclid, OH, USA

Private Lending Opportunity

$50,000.00

Property Description

Long Term Passive Income Opportunity.

Two Rental Properties

Earn 10% on money, monthly income payment on investment

Minimum Investment $2,000.00

Total Loan Size: $50,000.00

Current Appraisal Value: $112,000.00

Loan to Value (LTV): 44.6%

Security Position: 1st mortgage position, with Deed in Liu

Closing Expected by March 31st, 2025

20 Year Amortization

5 year Balloon Payment

Borrower: 700+ Score, Experienced (6+ Deals) Net worth: $900,000+

Existing Rental Income: $2047/mos.

Long Term Tenant & Long Term Owner


Contact Agent

Jeff Rincon

973-306-4877

Property Details

Property Type

Package of 2 Single Family Homes

Bedrooms

5

Bathrooms

2

Size

1800 sqft

Floors

2

Year Built

1943

Property Location

24951 Treadwell Avenue, Euclid, OH, USA

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