HOT, HOT HAMILTON COMMUNITY!!!!

[Paris Wilson]

This 2164 square foot single family home Hamilton-Glenham-Belford community has 4 bedrooms and 1.0 bathrooms, basement, Dining Kitchen: Efficiency,Lot: 0.26 acres, 4 stories, Candidate for a community solar program. Convert this to a 5bd & 3ba to maximize return.. Asking $90k, reno cost est.$75k, ARV $265k. HOT, HOT HAMILTON COMMUNITY. DOM Avg 41 days or less. Please provide POF to receive lockbox code & $5000 EMD at time of contract. Must be able to close in 10 days. Cash/Hard Money ONLY offers will be excepted. Please do your own due diligence. Data provided is for informational purposes only. Please PM or email me for copy of Property Summary. Continued success to you.

PURCHASE/REHAB ASSUMPTIONS
64% of ARV
After-Repair Value (ARV)	265,000.00
Purchase Price (Offer Price)	90,000.00	33.96%
Rehab Costs	74,900.00	28.26%
Total Holding and Closing Costs	5,000.00	1.89%
Total Financing Costs	0.00	0.00%
Total Project Cost Basis	169,900.00	64.11%
Total Amount Financed	0.00
Total Cash Commited	169,900.00

PROJECTED RESULTS
Projected Resale Price	250,000.00
Projected Cost of Sale	15,000.00
Flip Profit	65,100.00
ROI	38.32%
Annualized ROI	91.96%
Timeline Assumptions
Time to Complete Rehab	3 Months
Time to Complete Sale	2 Month
Total Time	5 Month

Comp #1 - ACTIVE - $234,900 - 1370 sq.ft

Comp #2 - SOLD - 09/15/2016 - $270,000 - 1942 sq.ft

Comp #3 - SOLD - 08/05/2016 - $230,000 - 1584 sq.ft

Comp #4 - SOLD - 04/21/2016 - $270,000 - 1841 sq.ft