A repeat QS borrower purchased this single-family home in Marlborough, MA for $206,000. He renovated the property and sold it for $335,000.

QS Private Lending provided $185,000 of financing: A $175,000 acquisition loan and a $10,000 construction loan. The loan was for 12 months at 13% interest. It was secured by a first mortgage on the property.

The borrower made a 337% return on his equity investment.

Investment Summary

Project Cost:
Purchase Price$206,000
Closing Costs$6,200
Total Cost$222,200

Acquisition Loan$175,000
Construction Loan$10,000
Total Financing$222,200

Return on Investment:
Gross Selling Price$335,000
Closing Costs($12,550)
Interest Expense($12,025)
Loan Repayment($185,000)
Net Profit$125,425
Return on Equity337%

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