Loan Amount : $119,920
1610 3rd St, Daytona Beach, FL 32117
Purchase Price $149,900
Closing Costs & Insurance $4497
Lender Fee $1799
Loan Amount $119,920
Borrower Cash at Closing $38,229
Rehab Costs $7,500
Total Investment $163,310
Contract Sales Price $224,900
Closing Costs $11,245
Interest Expense $9,107
Total Investment $163,310
Profit Loan $38,899
Profit Cash $41,238
Annualized ROI – Loan 134%
Annualized ROI – Cash 16%
Loan to Cost 80%
Loan to ARV 53%