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Updated over 7 years ago,
BALTBMORE COUNTY GEM! SCENIC VIEWS OF GWYNN FALLS COMMUNITY!!!
Balto County SCENIC VIEWS ON QUIET LUSH BLOCK OF THE GWYNN FALLS. Across the street from Gwynn Oak Family Park. This property is in very good condition and just waiting for the right design and vision. Maximize and watch your profits explode by converting to a 3bd, 2ba property..$$$$$$$$.
PURCHASE/REHAB ASSUMPTIONS | ||
---|---|---|
% of ARV 67.09 | ||
After-Repair Value (ARV) | 205,000.00 | |
Purchase Price (Offer Price) | 67,600.00 | 32.98% |
Rehab Costs | 60,000.00 | 29.27% |
Total Holding and Closing Costs | 4,000.00 | 1.95% |
Total Financing Costs | 5,942.00 | 2.90% |
Total Project Cost Basis | 137,542.00 | 67.09% |
Total Amount Financed | 118,840.00 | |
Total Cash Commited | 18,702.00 |
PROJECTED RESULTS | |
---|---|
Projected Resale Price | 205,000.00 |
Projected Cost of Sale | 12,300.00 |
Flip Profit | 55,158.00 |
ROI | 294.93% |
Annualized ROI | 884.79% |
Timeline Assumptions | |
Time to Complete Rehab | 2 Months |
Time to Complete Sale | 2 Month |
Total Time | 4 Month |
Offering