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 private 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 ROI 312%
