Estimated After Repair Value(ARV)
$ 310,000.00
Estimated Cash to Close
$ 17,265.34
PURCHASE PRICE
COST
$145,000.00
DEVELOPER
COST
$225,000.00
REHAB
COST
$80,000.00
ACQUISITION
COST
$225,000.00
The terms below are issued from our acquisition and construction real estate lending sources. You must meet the basic credit and liquidity requirements to qualify for our build & flip program.
Total Loan Amount
$ 225,000.00
Loan Origination Fee
$ 4,340.00
Underwriting Fee
$ 945.00
Processing Fee
$ 500.00
Estimated Total Lender Fees Including Closing Cost
$ 17,265.34
Estimated Monthly Interest Only Payment
$ 2,137.75
Agent Commisions
$ 9,300.00
Carrying Cost: (# of Months)
$ 6,413.25
Total Seller Expense
$ 15,713.25
Estimated Net Profits
$ 29,660.91
Reslots Project Management Fee
$ 5,932.18
INVESTOR NET PROFIT (less all deduction)
$ 23,728.73
Minimum