Leesburg Case Study

Loan Amount : $90, 000
1001 Cottonwood St, Leesburg, FL 32750

Huge 312% annualized Return On Investment (ROI) for this Lake County, FL renovation. Borrower used a Capital Fundings hard money loan with an 85% LTV and additional $15,000 in Renovation escrow to maximize her returns.

Purchase Price$105,000
Closing Costs & Insurance$1,771
Lender Fee$3,150
Loan Amount$90,000
Borrower Cash at Closing$19,921
Rehab Costs$20,000
Total Investment$129,921
Contract Sales Price$170,000
Closing Costs$8,500
Interest Expense$2,897
Total Investment$144,872
Profit$28,681
Investor Investment$39,921
Annualized ROI312%