Loan Case Study — Arkansas

$49,600 Land Loan — Arkansas

A 31-acre Arkansas land acquisition financed with a $49,600 private land loan from Damen Capital. Closed in 7 days, no appraisal, interest-only at 16%.

$62,000

Purchase Price

$49,600

Loan Amount

16%

Interest Rate

31 Acres

Arkansas

Deal Breakdown

The Acquisition

Property31 acres — Arkansas
Purchase Price$62,000
Down Payment$12,400 (20%)
Loan Amount$49,600
Interest Rate16% (interest-only)
Term24 months
Closing Timeline7 days

Loan Costs

Monthly Interest$661/month
Hold Period8 months
Total Interest Paid$5,288
Closing Costs$600
Exit Fee (2%)$992
Servicing ($25 x 8 months)$200
Total Cost of Capital$7,080
Large rural parcel sold to a cash buyer who intended to lease the land for agricultural use.
This loan was a vacant land flip: the borrower bought the Arkansas parcel at a discount and resold it to a cash buyer in 8 months. See how we fund land flips →

From Application to Closing in 7 Days

1

Large Rural Parcel

31 acres in Arkansas at $62,000 — roughly $2,000 per acre. Strong value for the area.

2

Fast Acquisition Loan

$49,600 at 16% interest-only. 7-day closing gave borrower a competitive edge.

3

Sold to Agricultural Buyer

Cash buyer purchased 8 months later for agricultural use. Loan paid off in full.

Rural Acreage, Agricultural Buyer

A 31-acre Arkansas rural parcel acquired at a low price per acre. The borrower found an agricultural cash buyer within 8 months.

Closed in 7 days — no appraisal, no bank committee

Related Pages

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