FixNFlip
Charleston, SC 29412

Economic Breakdown

Interest 12%
Origination Fee 3.50%
LTC 90.00%
Purchase Price $260,000.00
Rehab Budget $100,850.00
Lender Fee $7,875.00
Down Payment $45,850.00
Loan Amount $315,000.00
Appraised Value $450,000.00
Sales Price $469,000.00
6% Realtor Fee – $28,140.00
Down Payment – $45,850.00
Loan Amount – $315,000.00
Origination Fee – $7,875.00
8-Months Interest – $25,200.00
PROFIT: $46,935.00
ROI: 59%