PROJECT SUMMARY PROJECT SUMMARY HOLD/RENT PURCHASE/REHAB ASSUMPTIONS Purchase Price Rehab Cost Total Holding and Closing Costs (not inc. Refi) Total Financing Costs Total Project Cost Basis Total Amount Financed Total Cash Committed 14,. 8,. 1,7. 23,7. 23,7. NEW LOAN ASSUMPTIONS Projected AfterRepair Appraisal 56,9. New Loan Amount 48,365. Closing Costs on New Loan 1,45.95 RESULTS CashOut at Refi Profit at Refi ROI on Downpayment/Cash Invested (Annualized) Original Investment Tied up in Deal after Equity Left in the Deal after Refi Monthly Cashflow (Pretax) CashonCash Return (Annual) 46,914.5 23,214.5 587.7% 8,535. 275.37 infinite Breakdown of Financing Costs: Origination/Discount Points Other Closing Costs for Loan Interest on Original Loan Interest on Rehab Money Total
EXCELLENT SHAPE CHARMER BIRMINGHAM, ALABAMA 3526 3 BEDROOM 1 BATH Exclusively Presented By: 552 Timber Leaf Way, NULL Bessemer 258819551 cf33@bham.rr.com 5cpropertiesllc.com
MARKETING SHEET (FLIP EXIT) BUYER MUST PERFORM THEIR OWN DUE DILIGENCE Property Address: Property City, State, ZIP: BIRMINGHAM, ALABAMA 3526 Bedrooms: 3 Baths: 1 SqFt: 1176 Built: 192 Notes: COSMETIC FIXES Presented by: 258819551 cf33@bham.rr.com 5cpropertiesllc.com Project Description: LIGHT REPAIRS Work Needed: CARPET,PAINT,UTILITIES,CLEAN,KITCHEN,AC UNIT PURCHASE/REHAB ASSUMPTIONS AfterRepair Value (ARV) Purchase Price (Offer Price) Rehab Costs Total Holding and Closing Total Financing Costs Total Project Cost Basis Total Amount Financed Total Cash Commited % of ARV 56,9. 14,. 24.6% 8,. 14.6% 1,7. 2.99%..% 23,7. 41.65%. 23,7. PROJECTED RESULTS Projected Resale Price Projected Cost of Sale Flip Profit ROI Timeline Assumptions Time to Complete Sale Total Time 56,9. 3,414. 29,786. 125.68% Annualized ROI 754.8% Time to Complete Rehab 1 Month 1 Month 2 Months
MARKETING SHEET (HOLD) BUYER MUST PERFORM THEIR OWN DUE DILIGENCE Property Address: Property City, State, BIRMINGHAM, ALABAMA 3526 Bedrooms: 3 Baths: 1 SqFt: 1176 Built: 192 Notes: BUYER MUST PERFORM THEIR OWN DUE DILIGENCE Presented by: 258819551 cf33@bham.rr.com 5cpropertiesllc.com Project Description: BUYER MUST PERFORM THEIR OWN DUE DILIGENCE PURCHASE/REHAB ASSUMPTIONS AfterRepair Value (ARV) Purchase Price (Offer Price) Rehab Costs Total Holding and Closing Costs (not inc. Refi) Total Financing Costs Total Project Cost Basis Total Amount Financed Total Cash Commited % of ARV 56,9. 14,. 25% 8,. 14% 1,7. 3% % 23,7. 42% 23,7. PROJECTED RESULTS Projected Monthly Rent (net of vacancy) Projected Monthly Expenses Projected Monthly Net Operating Income Cap Rate Based on Cost Basis Cap Rate Based on ARV 75. 215. Projected New Loan Amount (for Refi) CashOut at Refi (net of closing costs) 535. Profit at Refi Cash Left in the Deal after Refi 27.1% Equity Left in the Deal after Refi 11.3% Monthly Cash Flow (beforetax) 48,365. 46,914.5 23,214.5 8,535. 275.37 Assumed Time to Complete Rehab Assumed Time to Complete Refi Total Time between Acquisition and Refi 1 Month 1 Month 2 Months CashonCash Return (beforetax) DCR of New Loan Assuming 5% Rate and 3 Year Amortization infinite 2.6
OPERATING INCOME AND EXPENSES REPORT BIRMINGHAM, ALABAMA 3526 258819551 OPERATING INCOME Unit Type # 1 # of 1 Unit type 3br Square Ft. 1,2 Monthly 75. Annual Rent 9,. % of GSI 1.% 2 3 4 5 6 7 8 9 1 11 12 Total 1 1,2 Gross Schedule Income VACANCY LOSS Other Income Gross Operating Income (Effective Gross Inc).% 75... 75. 9,... 9,. 1% OPERATING EXPENSES $/Unit /Year Total Monthly Total Annual % of Total Expenses % of GOI Management Fee (% of Gross income) 1.% 9. 75. 9. 34.9% 1.% Miscellaneous Repairs and Maintenance Taxes Property 1,2. 1. 1,2. 46.5% 13.3% Referrals or commissions Landscape Maintenance Reserves Janitorial Insurance Hazard 48. 4. 48. 18.6% 5.3% Legal Advertising other Utilities: Gas Electricity Fuel Oil Water/Sewer Other Utilities Total Operating expenses 2,58. 215. 2,58. 1% 29% Net Operating Income 6,42. 535. 6,42. 71%
CASH FLOW SUMMARY (FLIP EXIT) BUYER MUST PERFORM THEIR OWN DUE DILIGENCE BIRMINGHAM, ALABAMA 3526 258819551 Purchase Purchase Closing Costs Month 1 2 3 4 5 6 7 8 Orig/Disc Points and Loan Closing Costs Holding Costs Rehab Draws/Expenses Interest (Paid or Accrued) Total Cash Spent in Period Cumulative Cost Basis Sale Price Selling Costs (14,) (7) (8,) (22,7) (22,7) (5) (5) (23,2) (5) (5) (23,7) 56,9 (3,414) Flip Profit to Investor (PreTax) Total Cash Committed Return on Cash Investment (annualized) 29,786 23,7 754.8%
CASH FLOW SUMMARY (HOLD) Month 1 2 3 4 5 6 7 8 Purchase Closing Costs (14,) (7) Orig/Disc Points and Loan Closing Costs Holding Costs (5) (5) Rehab Draws/Expenses (8,) Interest (Paid or Accrued) Total Cash Spent in Period Cumulative Financed (22,7) (5) (5) Cumulative Cost Basis (22,7) (23,2) (23,7) Refinance: New Loan Amount Closing Costs on New Loan PayOff Existing Loan Cash Out at Refi BIRMINGHAM, ALABAMA 3526 258819551 48,365 (1,451) 46,914 Profit to Investor at Refi Return on Cash Investment (annualized) Cash Tied up in Deal Equity Left in Deal 23,214 587.7% 8,535
COMPARABLE SALES REPORT Property Address: Property City, State, ZIP: BIRMINGHAM, ALABAMA 3526 Bedrooms: 3 Baths: 1 SqFt: 1176 Built: 192 Notes: Presented by: 258819551 cf33@bham.rr.com 5cpropertiesllc.com 1. Property Address: 94 81st St S Birmingham AL Beds Baths Sq.Ft. Date Sold Sales Price $/Sq.Ft. Notes 3 1 1,71 11/17/216 6, 2. 8212 Rugby Ave Birmingham AL 3 2 1,44 6/15/216 8, 3. 8329 8th Ave S Birmingham AL 3 1 1,25 6/8/216 99, COMP 3
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