Loan Amount : $230,500
431 Abello Rd SE, Palm Bay, FL 32909
Purchase Price $238,000
Closing Costs & Insurance $9383
Lender Fee $4,610
Loan Amount $230,500
Borrower Cash at Closing $74,033
Rehab Costs $52,000
Total Investment – Cash $299,383
Contract Sales Price $352,900
Closing Costs $17,645
Interest Expense $13,546
Total Investment $299,383
Profit Cash $22,326
Investor Investment $299,383
Annualized ROI 43.43%
Cash on Cash Return 3.98%
Loan to Cost 75%
Loan to ARV 65.32%
