Closed Deal · #28
SFR in Washington, DC — Fix & Flip
$1,017,700 · 12-Mo Bridge IO — Heavy Rehab
Deal terms
- Property type
- SFR
- Location
- Washington, DC
- Loan type
- Fix & Flip
- Program
- 12-Mo Bridge IO — Heavy Rehab
- Leverage
- 90% LTC / 100% Rehab
- Rate
- 9.75%
- Deal value
- $1,017,700
How we structured it
Decatur Street rowhouse flip in the Petworth / 16th Street Heights corridor — one of DC's fastest-appreciating inner submarkets. Metro-accessible neighborhoods inside the Diamond have seen sustained 5–8% YoY gains.
Full interest-only bridge with 90% acquisition plus 100% rehab draws lets the sponsor recycle capital across concurrent DC flips. Target ARV spread of $200K+ on a 4–6 month renovation. Projected net profit: $120K–$180K. ROI on invested capital: 55–85%.
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