FixNFlip
1311 Windsor Place
Jacksonville, Fl 32205

Economic Breakdown

Purchase Price $305,000.00
Rehab Budget $130,000.00
Closing Costs $1,000.00
Insurance Costs $1,000.00
Lender Fee $12,208.00
Cash at Closing $48,700.00
Loan Amount $399,508.00
Contract Sales Price $620,000.00
6% Realtor Fee – $37,200.00
Down Payment – $48,700.00
Loan Amount – $399,508.00
12-Months Interest – $47,940.96
PROFIT: $86,651.04
ROI: 90%