NOI / Year
$-10,050
Cap Rate
-0.18%
GRM
0.00x
DSCR
-0.03
LandSeller Finance
Entitled Residential Land — 18 Lots
location_onVan Buren Blvd & Mockingbird Canyon, Riverside, CA 92504
List Price
$5,500,000
Sq Ft
340,000
person
Developer
Summit Land Group
infoProperty Overview
18 entitled single-family lots, grading complete. Developer will carry 35% at 7% for qualified buyers. Infrastructure bond already formed.
Square Feet
340,000
Lot Size
7.8 Acres
Key Features
18 Entitled LotsGrading CompleteSeller Finance 35%7% Carry RateBond District Formed
trending_upIncome Assessment
Rent Scenario
Units
Gross Annual Income$0
Price per SqFt$16
Est. Cap Rate-0.18%
calculateUnderwriting — Annual Expenses
$
$
$
$
$
$
8%
Total Annual Expenses$10,050