Case Study of Single Family Fix and Flip in Holbrook MA

An experienced builder and repeat QS borrower purchased this single-family home in Holbrook, MA for $174,000.

He renovated the property and sold it for $424,900.

QS Private Lending provided $290,000 of financing: A $155,000 acquisition loan and a $135,000 construction loan. The loan was for 12 months at 14% interest. It was secured by a first mortgage on the property.

The borrower made a 327% return on his investment.

Investment Summary

Project Cost:
Purchase Price$174,000
Closing Costs$8,300
Total Cost$317,300

Acquisition Loan$155,000
Construction Loan$135,000
Total Financing$317,300

Return on Investment:
Gross Selling Price$424,900
Closing Costs(15,247)
Interest Expense(30,450)
Loan Repayment(290,000)
Net Profit$89,203
Return on Equity327%

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