FixNFlip Financing

1422 Tallahassee Dr.
Tarpon Springs, FL 34689

Economic Breakdown

Interest 9.99%
Origination Fee 2.00%
LTC 90.00%
Purchase Price $170,000.00
Rehab Budget $44,198.54
Lender Fee $3,855.57
Down Payment $21,419.85
Loan Amount $192,778.69

 

Appraised Value $282,000.00
Sales Price $325,000.00
6% Realtor Fee – $19,500.00
Down Payment – $21,419.85
Loan Amount – $192,778.69
Origination Fee – $3,855.57
6-Months Interest – $9,629.28
PROFIT: $77,816.61
ROI: 223%