Active Projects
Combined ARV of $4,724,000
16424 N 44th St, Phoenix, AZ 85032
$1,900,000 ARV
Ready to hit the market 05/01/2025
4 Bed 3 Bathrooms 3,730 sf
38220 Dorn Rd, Cathedral City, CA 92234
$949,000
Hitting the Market 05/21/2025
4 Bed 3 Bath 2,056 sf
125 Firecreek Cir, Las Vegas, NV 89107
$525,000
Hitting the Market 05/21/2025
3 Bed 2.5 Bath 1,635 sf
Investment opportunity
Portfolio Overview of four fix-and-flip properties
Loan Structure
Plan A
- Amount: $3,265,000.
- Breakdown: $2,735,000 (pay off existing loans), $480,000 (cash-out),
- Interest Rate: 10% per annum; Interest: $326,500.
- Total Repayment: $3,591,500.
- Term: 12 months (to March 14, 2026), repayable by July 1, 2025.
- Security: First-position mortgage on all 4 properties.
Plan B
- Amount: $480,000.
- Breakdown: $480,000 (cash-out).
- Interest Rate: 11% per annum; Interest: $52,800.
- Total Repayment: $532,800.
- Term: 12 months (to April 5th, 2026)
- Security: Second-position mortgage on all 4 properties (subject to existing liens).
Total ARV: $4,724,000; Total Equity: $1,989,000
Profit: $1,046,497.40 (post-interest/construction).A
-
Main Street PartnersProud to serve San Diego -
Main Street Partners 2Proud to serve San Diego -
Main Street Partners 3Proud to serve San Diego