EQUITY DEAL BREAKDOWN



$150,000   - PURCHASE PRICE

$50,000     - RENOVATION COST

-----------------------------------------------------------------------------

$200,000   - TOTAL COST

x 80%        - DEBT FINANCING %

-----------------------------------------------------------------------------

$160,000   - DEBT AMT

______________________________________________

$40,000     - DOWN PAYMENT

$4800        - 3% OF DEBT

$20,800     - 13% INTEREST PER ANNUM OF DEBT

$15,000     - BUY SIDE SETTLEMENT COST (EST)

$2,000       - ATTORNEY FEES

______________________________________________

$82,600     - EQUITY REQUIREMENT

______________________________________________                   ______________________________________

______________________________________________                   ______________________________________

$349,000   - SALES PRICE                                                                   $349,000   - MARKET VALUE

$17,450     - 5% REALTOR FEE                                                            x75%        - REFI LTV

$15,000     - SELL SIDE SETTLEMENT COST (EST)                          $261,750    - LOAN AMT

$160,000   - REPAY DEBT AMT                                                           $160,000    - REPAY DEBT AMT

$82,600     - REPAY EQUITY REQUIREMENT                                    $82,600      - REPAY EQUITY REQUIREMENT

$16,520     - 20% EQUITY ROI                                                             $16,520      - 20% EQUITY ROI

______________________________________________                   ______________________________________

$57,430     - EARNINGS BEFORE INTEREST & TAX                          REFINANCED

 your paragraph here.

Mioym Equitiesragraph here.