Loan amount
$420,500
Loan type
Purchase
{Construction}
After Repair Value
$650,000
{PP:$150,000}
ARV
65%
{ARV}
Property type
Vacant Land
Borrower Details
Credit score
650
Deal experience
None
This loan scenario was submitted by a Broker
Yes
Property Details
City
Shirley
State
New York
Loan Details
Purchase price
$150,000
Down payment
$49,997
Cost of improvements
$320,000
Estimated property value after repairs
$650,000
Additional Loan Information
EXECUTIVE SUMMARY
• Investment Type: Single-Family Residential Land Development & Quick Flip
• Property Status: Active listing, listed 04/10/2026 (101 days on market)
• Acquisition Price: $150,000 (Below market - excellent entry point)
• Lot Size: 6,098 SF (0.14 acres) - Fully Cleared & Ready for Development
• Approvals in Place: ✓ Approved for 1,500 SF residence + 1-car garage
• Utilities Available: ✓ Water | ✓ Electric | ✓ Cable | ✓ Public Services
• Proposed Construction: 3 Bedroom / 2 Bathroom, 1,500 SF + 1-Car Garage
• Estimated Construction Cost: $280,000 - $310,000 (Hard Costs)
• Estimated After-Renovation Value (ARV): $630,000 - $665,000 (Based on Recent Comps)
• Projected Profit Margin: $85,000 - $135,000+ (17% - 27%+ ROI)
• Total Project Timeline: 7 - 8 months (Acquisition through Sale)
• Exit Strategy: Retail Sale to Owner-Occupant Buyers (Proven Market Demand)
• Loan Request Range: $350,000 - $380,000 Construction Financing
• Investment Type: Single-Family Residential Land Development & Quick Flip
• Property Status: Active listing, listed 04/10/2026 (101 days on market)
• Acquisition Price: $150,000 (Below market - excellent entry point)
• Lot Size: 6,098 SF (0.14 acres) - Fully Cleared & Ready for Development
• Approvals in Place: ✓ Approved for 1,500 SF residence + 1-car garage
• Utilities Available: ✓ Water | ✓ Electric | ✓ Cable | ✓ Public Services
• Proposed Construction: 3 Bedroom / 2 Bathroom, 1,500 SF + 1-Car Garage
• Estimated Construction Cost: $280,000 - $310,000 (Hard Costs)
• Estimated After-Renovation Value (ARV): $630,000 - $665,000 (Based on Recent Comps)
• Projected Profit Margin: $85,000 - $135,000+ (17% - 27%+ ROI)
• Total Project Timeline: 7 - 8 months (Acquisition through Sale)
• Exit Strategy: Retail Sale to Owner-Occupant Buyers (Proven Market Demand)
• Loan Request Range: $350,000 - $380,000 Construction Financing
Status
Open
Created
July 30, 2026 - 12:05pm
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