FixNFlip Investment
33 Alabama Ave.
Lake Hopatcong, NJ 07849
Economic Breakdown
| Purchase Price | $90,000.00 |
| Rehab Budget | $96,680.00 |
| Lender Fee | $3,002.88 |
| Closing Costs | $1,000 |
| Insurance Costs | $1,000 |
| Monthly Interest Payment | $1,431.31 |
| Cash at Closing | $37,536.00 |
| Loan Amount | $156,149.76 |
| Contract Sales Price | $260,000.00 |
| 6% Realtor Fee | – $15,600.00 |
| Down Payment | – $37,536.00 |
| Loan Amount | – $156,149.76 |
| 4-Months Interest | – $5,725.24 |
| PROFIT: | $44,989.00 |
| ROI: | 104% |
Recent Comments