Hypothetical Projection on Job for Resale (Rehabilitation)
Purchase Price  $  46,640.00
Title Insurance  $      550.00
Property Insurance ($1.00 for every $100.00 mortgaged)  $      600.00
Recording and Notary Fees  $      150.00
Reserve for Lead Based Paint  $    1,500.00
Transfer Taxes (2%)  $      930.00
Purchase Agreement  $      150.00  
Acquisition Costs  $   50,520.00
Mortgage Legal & Financing
Review of Specs, Bldg. Estimates, Payment Schedule  $      200.00
 Draw Inspections (2 at $150 each)  $      300.00
Conveyancing Legal
Application fees  $      150.00
Note  $      175.00
Mortgage  $      175.00
Loan Placement Fee (1-3%)  $      675.00
Order & Review Title Report, Binder & Final Policy  $      100.00
Order & Review Fire, Liability or Builders Risk Policy  $        75.00
Direct Settlement, Review Distribution Sheet, Escrows & Title Questions  $      200.00
 Photostats, Faxes, Fed Ex, Etc.  $        45.00  
Total Legal & Financing Costs  $     2,095.00
Construction Costs (including permits)  $  10,000.00
Carrying Costs 6 Months Taxes (R.E.)  $      600.00
Interest 6 Months at 1 1/4% a month  $    4,000.00
Cost of Signs and Advertising  $      180.00  
 $   14,780.00
TOTAL LOAN & JOB COSTS  $  67,395.00
Sales Price  $  96,900.00
Sales Commission (6%)  $   (5,814.00)
Transfer Taxes (2%)  $   (1,938.00)
Possible Sellers Assist (2%)  $   (1,938.00)
 $  87,210.00
Net Profit  $  19,815.00
Developer 1/2  $    9,907.50
REIC 1/2  $    9,907.50
Potential Additional Areas of Profit (Savings)
Lead Based Paint (Rebate)  $    1,500.00
Brokerage Fees & Sellers Assist*  $    7,752.00
Construction Costs (Not Used)  $    2,500.00
Carrying Charges (Quick Sale)  $    1,000.00  
 $   12,752.00
 $   19,815.00
Total Potential Profit (for partners)  $   32,567.00
*As much as $7,500 can be added if sold in less than 6 months w/o brokers
or buyers assistance