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Jamaica New York Fix and Flip Loan

Located in trendy downtown Jamaica, this property has undergone a full renovation to modernize the home. Upgrades to the large open-concept kitchen, hardwood floors, living room, and bathrooms have generated $150,000 in profit for this investor.

Purchase Price

$385,000

Base Loan Amount

$327,250

Construction Costs

$80,500

Total Loan Amount

$397,250

After Repair Value

$565,000

Profit

$167,750
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