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Updated almost 9 years ago,
WILL BE GONE IN 24HRS!! HISTORIC ASHBURTON REHAB GEM!!!
| PURCHASE/REHAB ASSUMPTION | ||
|---|---|---|
| % of ARV | ||
| After-Repair Value (ARV) | 205,000.00 | |
| Purchase Price (Offer Price) | 40,000.00 | 19.51% |
| Rehab Costs | 65,000.00 | 31.71% |
| Total Holding and Closing Costs | 5,000.00 | 2.44% |
| Total Financing Costs | 5,098.00 | 2.49% |
| Total Project Cost Basis | 115,098.00 | 56.15% |
| Total Amount Financed | 71,300.50 | |
| Total Cash Commited | 43,797.50 |
| PROJECTED RESULTS | |
|---|---|
| Projected Resale Price | 195,000.00 |
| Projected Cost of Sale | 11,700.00 |
| Flip Profit | 68,202.00 |
| ROI | 155.72% |
| Annualized ROI | 373.73% |
| Timeline Assumptions | |
| Time to Complete Rehab | 3 Months |
| Time to Complete Sale | 2 Month |
| Total Time | 5 Month |
4117 Boarman Ave, Baltimore, Maryland 21215, Historic Ashburton, SFR Detach property with 4 bd(s) and 1ba(s), built 1924, attached garage(180 sqft),lot size 4691, 41ft x 121ft, taxes $3515 yrly, 2014 Tax Assessmnt $148,933. This is a shell property with a clean canvas.. Full Rehab.. Bring your designer or your design Ideas.. WON'T LAST.. Cash Offers ONLY.. Must close quickly. $2500 EMD..
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