Estimated After Repair Value(ARV)
$ 250,000.00
Estimated Cash to Close
$ -45,943.19
PURCHASE PRICE
COST
$100,000.00
DEVELOPER
COST
$120,000.00
REHAB
COST
$20,000.00
ACQUISITION
COST
$120,000.00
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
$ 120,000.00
Loan Origination Fee
$ 3,500.00
Underwriting Fee
$ 945.00
Processing Fee
$ 500.00
Estimated Total Lender Fees Including Closing Cost
$ -45,943.19
Estimated Monthly Interest Only Payment
$ 1,756.25
Agent Commisions
$ 7,500.00
Carrying Cost: (# of Months)
$ 5,268.75
Total Seller Expense
$ 12,768.75
Estimated Net Profits
$ 32,605.41
Reslots Project Management Fee
$ 6,521.08
INVESTOR NET PROFIT (less all deduction)
$ 26,084.33
Minimum