MOUNT HOLLY STREET

[Paris Wilson]

Edmondson Village Townhouse on a quite majority homeowner block. Easy Turnkey opportunity. 4 bedrooms, 1 bath, 1360 sqft, built 1932, forced air heat, fireplace, dining room, living room, lot 20x80, prop tax $1761 yrly, tax assessment value $74600.

$15k in repairs.. New bath, paint, update kitchen, front porch awning, sand and finish floors.. No major structural or foundation work needed..Easy turnkey..

PROJECT SUMMARY - FLIP

PURCHASE/REHAB ASSUMPTION
RESULTS
Projected Resale Price	60,000.00	G
Projected Cost of Sale	4,200.00	H
Flip Profit	13,635.00	J=G-H-E-F-I
ROI	163.78%	J/F
Annualized ROI	393.08%

Breakdown of Financing Costs
Origination/Discount Points	840
Other Closing Cost for Loan	-
Interest on Original Loan	825
Interest on Rehab Money	500
Total Cost of Financing	2,165