Loan Amount : $185,000
714 E River Oak Dr, Ormond Beach, FL 32174
Purchase Price $140,000
Closing Costs & Insurance $8,320
Lender Fee $4,240
Loan Amount $185,000
Borrower Cash at Closing $47,560
Rehab Costs $80,000
Total Investment $232,560
Contract Sales Price $380,000
Closing Costs $19,000
Interest Expense $12,586
Total Investment $232,560
Profit $115,854
Investor Investment $47,560
Annualized ROI 385%
Cash on Cash Return 32.11%
Loan to Value 75%
