FixNFlip Case Study
504 Freeman St.
Raleigh, NC 27601
Economic Breakdown
| Interest | 11.00% |
| Origination Fee | 3.00% |
| LTC | 90.00% |
| Purchase Price | $63,000.00 |
| Rehab Budget | $151,445.00 |
| Lender Fee | $3,447.12 |
| Down Payment | $43,089.00 |
| Loan Amount | $175,803.12 |
| Appraised Value | $279,000.00 |
| Sales Price | $349,900.00 |
| 6% Realtor Fee | – $20,994.00 |
| Down Payment | – $43,089.00 |
| Loan Amount | – $175,803.12 |
| Origination Fee | – $3,447.12 |
| 6-Months Interest | – $10,285.20 |
| PROFIT: | $96,281.56 |
| ROI: | 169% |
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