Palm Bay Case Study - Evergreen

Loan Amount : $80,000.00
501 Evergreen St, Palm Bay

Purchase Price$94,000.00
Closing Costs & Insurance$3,000.00
Lender Fee$2,000.00
Loan Amount$80,000.00
Borrower Cash at Closing$19,000.00
Rehab Costs$25,000.00
Total Investment$124,000.00
Contract Sales Price$168,500.00
Closing Costs$8,425.00
Interest Expense$2,400.00
Total Investment$124,000.00
Profit$33,675.00
Investor Investment$44,000.00
Annualized ROI310.39%
Cash on Cash Return%110.14%
Loan to Value%85.11%