Great Opportunity!! 5 Single Family Homes Expected Annual Combined Rent $36,600

Size: px

Start display at page:

Download "Great Opportunity!! 5 Single Family Homes Expected Annual Combined Rent $36,600"

Leon Smith
5 years ago
Views:

1 FIX AND FLIP 5 HOUSES IN OHIO Great Opportunity!! 5 Single Family Homes Expected Annual Combined Rent $36,600 Package Details: List Price Per Door: $3,700 x 5 $8, plus Assumed Due Property Taxes: $2,33.54 Total Purchase Price: $39,83.54 Total Package Assessed Value: $90, Total Package Estimated ARV: $69, All Properties are currently Vacant and in need of Various Repairs, including roofing, plumbing, electrical, drywall, heating, painting and flooring. Total Repair Estimate: $54,430 Rent Based Expected ROI: 35.52% PURCHASE/REHAB ASSUMPTIONS PROJECTED RESULTS % of ARV Projected Resale Price 69, After-Repair Value (ARV) 69, Projected Cost of Sale 3, Purchase Price -39, % Flip Profit 37, Rehab Cost -54, % Cash On Cash Return 37.6% Total Holding and Closing Costs -6, % *Annualized COC 50.6% Annual Rental +36, Total Project Cost Basis -00, % Timeline Assumptions: Total Amount Financed 0.00 Time to Complete Renos: Month Down Payment 0.00 Time to Complete Sale: 2 Months Total Cash Committed 63, % Total Time: 3 Months * Assumes Three Month Turnaround Time / One Month for Renos and Two Months for Sale Total Per Door Cost Including Repairs and Property Taxes: $8,852.3 Estimated ARV Equity: $29,68 Expected Annual Rent Return: $36,600 Annual Management: $3, Estimated Annual Insurance: $3,00 Total Annual Property Taxes: $6,55.9 All Utilities Paid By Tenants Rent Based Expected ROI ($36,600 / $00,26.54): 35.9% All Prices USD Call me at if you want to lock up this great deal! Won't last!

2220 Sanford St 3,00 925 604-765-490 Two Story Single Family, Brick Full Basement: 550 Sq Ft Total Living Area: 00 sq ft 3 bed, bath,

2 2220 Sanford St 3, Two Story Single Family, Brick Full Basement: 550 Sq Ft Total Living Area: 00 sq ft 3 bed, bath, with Formal Dining and Living Areas Property Built in 925 Single Car Detached Garage Assessed Value: $5,300 After Repaired Value: $3,000

27 N Detroit Ave 3,62 892 604-765-490 Two Story Single Family, Tin/Vinyl Sided Partial Basement 462 Sq Ft Total Living Area:,62 sq ft 3 bed, bath,

3 27 N Detroit Ave 3, Two Story Single Family, Tin/Vinyl Sided Partial Basement 462 Sq Ft Total Living Area:,62 sq ft 3 bed, bath, with Formal Dining and Living Areas Property Built in 892 Two Car Detached Garage, Fenced Yard Assessed Value: $2,000 After Repaired Value: $38,000

36 Pinewood Ave 2,002 907 604-765-490 One Story Single Family, Tin/Vinyl Sided Partial Basement 255 Sq Ft Total Living Area:,002 sq ft 2

4 36 Pinewood Ave 2, One Story Single Family, Tin/Vinyl Sided Partial Basement 255 Sq Ft Total Living Area:,002 sq ft 2 bed, bath, with Living Areas and Eat-in Kitchen Property Built in 907 Two Car Detached Garage, Fenced Yard Assessed Value: $6,000 ARV: $3,000

84 Fernwood Ave 3,74 97 Thane La 604-765-490 Two Story Single Family, Tin/Vinyl Sided Partial Basement 326 Sq Ft Total Living Area:,74 sq ft 3 bed,

5 84 Fernwood Ave 3,74 97 Thane La Two Story Single Family, Tin/Vinyl Sided Partial Basement 326 Sq Ft Total Living Area:,74 sq ft 3 bed, bath, with Living Areas and Eat-in Kitchen Property Built in 97 No Detached Buildings, No Garage Assessed Value: $6,800 After Repaired Value: $3,000

6 2 Upton Ave. 4, Two Story Single Family, Wood Sided Partial Basement 400 Sq Ft Total Living Area:,440 sq ft 4 bed, bath, with formal dining and Living Areas Property Built in 897 No Detached Buildings, No Garage Assessed Value: $2,300 After Repaired Value: $38,000

REO in Northside Westcliff Ave Richmond, VA 23222

REO in Northside Westcliff Ave Richmond, VA 23222 REO in Northside Richmond, VA 3 TO INSERT PIC HERE, CLICK WITH YOUR MOUSE INSIDE THIS BOX, THEN CLICK THE "INSERT PICS" BUTTON ON THE RIGHT AND SELECT THE PICTURE All-brick cape in a great location! Located