A repeat QS borrower purchased this single-family home in Barrington, NH for $115,000. He completed a renovation of the property and sold it for $250,000.

QS Private Lending provided $142,000 of financing: A $92,000 acquisition loan and a $50,000 construction loan. The loan was for 12 months at 12% interest. It was secured by a first mortgage on the property.

The borrower made a 311% return on his equity investment.

Investment Summary

Project Cost:
Purchase Price$115,000
Closing Costs$5,340
Total Cost$170,340

Acquisition Loan$92,000
Construction Loan$50,000
Total Financing$170,340

Return on Investment:
Gross Selling Price$250,000
Closing Costs($10,000)
Interest Expense($9,940)
Loan Repayment($142,000)
Net Profit$88,060
Return on Equity311%

Have you identified a property that you would like to acquire? Contact us today, and make a more competitive offer!