Summary
Single-family Home
3 bed 2 bath 1,218 sq. ft.
Fix N Flip Profit
Retail ARV
$280,000.00
Purchase:
$140,000.00
Rehab
$30,000.00
1st Closings 2%
$2,800.00
Holding Cost 2%
$2,800.00
Agent 5%
$14,000.00
2nd Closing 2%
$5,600.00
Projected Profit
$84,800.00
Cash on Cash ROI
Purchase:
$140,000.00
Rehab
$30,000.00
Taxes
$1,073.00
Insurance
$1,500.00
Closing Cost 2%
$2,800.00
Purchase+ Rehab Closing
$173,873.00
Monthly Rent
$2,300.00
Annual Rent Roll
$27,600.00
ROI Cash On Cash
16%
Cap Rate
11.41%
Cap Rate
Purchase+ Rehab+ Closing
$173,873.00
Annual Rent Roll
$27,600.00
Management 10%
$2,760.00
Taxes
$1,073.00
Insurance
$1,500.00
HOA
$228.00
Maintenance 8%
$2,208.00
NOI
$19,831.00
Cap Rate
11.41%
Needs a new HVAC
Needs painting throughout
Kitchen/baths need updating
Repairs estimate at $30,000
Starting price $140,000
ARV $280,000
Documents
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
Bedrooms | |
Bathrooms | |
Sq. footage |
Deals nearby
Available
Sold