Loan Amount : $130,000
926 Cloyd Dairy Loop, Orlando, FL 32825
Capital Fundings was able to provide an 89% Loan to As Is Value for this Central Florida Investor. The Borrower took advantage of great leverage with their Hard Money loan and realize a 65.8% annualized Return On Investment (ROI).
Purchase Price $145,500
Closing Costs & Insurance $4,457
Lender Fee $3,900
Loan Amount $130,000
Borrower Cash at Closing $23,857
Rehab Costs $30,000
Total Investment $183,857
Contract Sales Price $227,000
Closing Costs $11,350
Interest Expense $9,068
Total Investment $195,214
Profit $22,724
Investor Investment $41,357
Annualized ROI 65.8%