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Updated over 8 years ago,
BRING YOUR DESIGN TEAM & CONTRACTOR!! WASHINGTON VILLAGE SHELL!!
BRING YOUR DESIGN TEAM & CONTRACTOR!! WASHINGTON VILLAGE SHELL FOR UNDER $40K!!
Three story gutted shell priced to move. Bring your imagination and flash light, no electric. Great location convenient to public golf course, 95, 295, 695, and Rt1. Walk to everything. Cheapest shell around, act fast. Sold "AS IS" Please be sure to provide proof of funds to close. $2500 EMD w/ contract. This property will be gone this week. Please review Property Summary. Continued success to you all.
| PURCHASE/REHAB ASSUMPTIONS | ||
|---|---|---|
| % of ARV 57% | ||
| After-Repair Value (ARV) | 160,000.00 | |
| Purchase Price (Offer Price) | 39,000.00 | 24.38% |
| Rehab Costs | 50,000.00 | 31.25% |
| Total Holding and Closing Costs | 3,000.00 | 1.88% |
| Total Financing Costs | 0.00 | 0.00% |
| Total Project Cost Basis | 92,000.00 | 57.50% |
| Total Amount Financed | 0.00 | |
| Total Cash Commited | 92,000.00 |
| PROJECTED RESULTS | |
|---|---|
| Projected Resale Price | 150,000.00 |
| Projected Cost of Sale | 4,500.00 |
| Flip Profit | 53,500.00 |
| ROI | 58.15% |
| Annualized ROI | 139.57% |
| Timeline Assumptions | |
| Time to Complete Rehab | 3 Months |
| Time to Complete Sale | 2 Month |
| Total Time | 5 Month |
Offering