INCREDIBLE REHAB OPPORTUNITY!!! Glenham-Belford Community

[Paris Wilson]

Another great opportunity. Attractive Glenham-Belford Community Cape Cod style home with over 1,700 square feet of living space. ~ The home offers 4 bedrooms and 2 bathrooms. Over 1700 sq.ft ~ The location is convenient to restaurants and stores on Belair Road. Very quiet and family friendly community. Asking $85k obo, reno cost est. $45k & ARV est $215k.

Please provide POF for access to lockbox & $2500 EMD at time of contract. I have provide a detailed Property Summary of the property and a link for recent current photos as of 11/18/16. This is only for serious investors. Cash and/or private financing. Of course due your own due diligence. All data is for information purpose. Look forward to seeing you at closing. Continued success to you. Call me if you have any additional questions.

Link to current photos: https://docs.google.com/folderview?id=0B5VWOpqjhZ7RNUpTc2VHVG40NUk&usp=drive_web.

PURCHASE/REHAB ASSUMPTIONS
65.71% of ARV
After-Repair Value (ARV)	215,000.00
Purchase Price (Offer Price)	85,000.00	39.53%
Rehab Costs	45,000.00	20.93%
Total Holding and Closing Costs	4,000.00	1.86%
Total Financing Costs	7,280.00	3.39%
Total Project Cost Basis	141,280.00	65.71%
Total Amount Financed	94,640.00
Total Cash Commited	46,640.00

PROJECTED RESULTS
Projected Resale Price	205,000.00
Projected Cost of Sale	12,300.00
Flip Profit (after Lender Split)	51,420.00
ROI	110.25%
Annualized ROI	330.75%
Timeline Assumptions
Time to Complete Rehab	2 Months
Time to Complete Sale	2 Month
Total Time	4 Month