Culver City — 3bd
Lease-Option Investment
Investment Summary
Tenant-ready 3-bedroom home in Culver City within strong school/commuter corridor. Structured as a 24-month lease-option with transparent pricing, rent credit accrual, and investor-backed certainty.
Est. Rent$3,900 / mo
Option Fee≈ $18,000 (2.1%)
Term24 months
Purchase Price (target)
$850,000
Strike Price at Exercise (yr-2, +6%)
$901,000
Rent Credit to Buyer (20%, capped $800)
$780 / mo
Gross Yield on Price (rent ÷ price)
5.5%
Underwriting DSCR (est.)
1.15×
Max LTC (policy)
≤ 85%
All numbers shown are indicative and subject to due diligence, appraisal, and final term sheet. Program complies with CA rent-to-own/lease-option disclosures.
12-Month Pro-Forma (Stabilized)
Gross Scheduled Rent
$46,800
Vacancy / Credit (3%)
($1,404)
Effective Gross Income
$45,396
Operating Expenses (tax/ins/maint, est.)
($11,900)
Net Operating Income (NOI)
$33,496
Senior Interest (investor note @ 11%)
($73,425)*
Mezz / Pool Interest (@ 9%)
($7,650)*
Rent Credits Accrued (non-cash, buyer)
($9,360)
*Interest shown against total committed for illustration; real draw timing may reduce actual interest.
Investor Terms
Security
Recorded lien; first-position for senior note
Tenor
12–24 months (aligned to buyer term)
Coupon (Risk A/B/C)
9% / 11% / 13% annualized, paid monthly
Amortization
Interest-only, bullet at exit
Use of Proceeds
Acquisition + light capex + reserves
Exit Scenarios
Buyer exercise; refinance; open-market sale
Capital commitments subject to AML/KYC. No public solicitation; informational only.
Buyer Path to Ownership
- Option fee locks purchase right at a preset strike price (+6% over 24 months).
- Monthly rent credit (20%, capped $800) accrues toward closing costs/down payment.
- AI-assisted milestones: credit build, DTI targets, savings, and mortgage pre-qual.
© LiquidLink. Figures are estimates for planning purposes and may change with market conditions, appraisal, and final buyer underwriting.