Refinancing of a modern micro-office loan with a secondary mortgage Goštauto g. 8, Vilnius

The amount required to refinance the loan is 30,000 Eur. The loan maturity is 12 months, interest is 16%.

The loan will be used to refinance a natural person's loan. All 5 rooms are leased, rental income per month - 1280eur. These amounts are sufficient to cover all liabilities.

Interest is paid monthly from rental income.

Total area: 95.51 sq. M. m

According to the latest valuation of the real estate agency "Vestas" UAB, the preliminary market value of all fully equipped offices is EUR 154,000.

Market value date: 11/27/2017

Method of determining market value: Comparative and income estimation

The loan will be redeemed by selling the classrooms.

The primary mortgage is a loan from the bank, the loan size is 79 000 euro.

The planned sales revenue of the property - 189 000 euro. (See Finale Model Details)