170 Brighttown Road, Maysville, NC, 28555

Here is the next in the pipeline of single-family residences to fix and flip in the Jacksonville, NC vicinity. Once again brought to us by Lou Ellis, 170 Brighttown Road, Maysville, NC, 28555 is a 3 bed, 2 bath 1,539sf home.

Purchase Price: $44K

Repairs: $35K

Conservative ARV: $125K

PP + Repairs / ARV = 64%

Lou will fully renovate the existing home with new windows and doors, flooring, all new kitchen and baths, a new roof and siding, drywall and interior paint, and recessed lighting throughout. We have provided gap and construction funding to Lou Ellis on several other properties in the past year and have found his work to be very high quality and their construction budget and ARV’s conservative.

For this property EAC is receiving a 24% per annum rate on a total of $85,000 in purchase and construction funding. Total hold time for this property is proposed to be 4 months. In order to protect the privacy of our investors, EAC LP creates a trust for pooling funds, manages the construction inspections and draws, and Dr. Kevin Yoo personally guarantees the investors’ principal. For these services and guarantee, EAC will earn a portion of the profits on the home directly from Lou Ellis.

Kevin Yoo, M.D. | President

EAC GP, Inc.

858-449-9847

[email protected]

http://www.eacinvestments.com/170-brighttown-rd/