---
title: Recent Loan - San Diego, CA
description: An experienced borrower and investor that was looking to refinance existing debt on the subject property. This project is single-family residential rental
---

[RCN Capital Blog ](https://rcncapital.com/blog)

# [Recent Loan - San Diego, CA](https://rcncapital.com/blog/recent-loan-san-diego-ca)

 Written by [RCN Capital](https://rcncapital.com/blog/author/rcn-capital) | 4:00 AM on March 30, 2020

An experienced borrower and investor that was looking to refinance existing debt on the subject property. This project is single-family residential rental that they have owned for several years. The home has been appraised as is for $685K with the total loan amount at 70% LTV. As of right now, there is a tenant in place till June 2020, who is paying $3,297 per month making the rent in line with the appraiser's estimate of market rent ($3,250).

[View full post](https://rcncapital.com/blog/recent-loan-san-diego-ca)

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