FixNFlip
125 Orchard Rd.
Maplewood, NJ 07040

Economic Breakdown

Purchase Price $244,250.00
Rehab Budget $83,710.00
Closing Costs $1,000.00
Insurance Costs $1,000.00
Lender Fee $3,855.57
Cash at Closing $65,792.00
Loan Amount $276,326.40
Contract Sales Price $441,124.00
6% Realtor Fee – $26,467.440
Down Payment – $65,792.00
Loan Amount – $276,326.40
6-Months Interest – $16,579.56
PROFIT: $55,958.60
ROI: 68%