This is a SFR located at 3927 Clark St Alexandria, LA 71302. Property has 3 bedrooms, 1 bath with approximately 1,047 sf. of interior living space. Homeowners have lived in this home for 15 years, they fell behind on their payments due to unemployment. They are now back working where their payments are on time every month. Pick up this performing note and get a 14.8% cash on cash return. Modification was completed and Homeowner has been paying on time since February 1 2015 (10 mo.) The UPB is 17,023. FMV of Property is estimated at $42,500. Asset is selling for 16,171. This is a great deal with a LOW LTV.
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