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Updated over 7 years ago,

User Stats

115
Posts
10
Votes
Paris Wilson
  • Investor
  • Gwynn Oak, MD
10
Votes |
115
Posts

BALTBMORE COUNTY GEM! SCENIC VIEWS OF GWYNN FALLS COMMUNITY!!!

Paris Wilson
  • Investor
  • Gwynn Oak, MD
Posted

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)67,600.0032.98%
Rehab Costs60,000.0029.27%
Total Holding and Closing Costs4,000.001.95%
Total Financing Costs5,942.002.90%
Total Project Cost Basis137,542.0067.09%
Total Amount Financed118,840.00
Total Cash Commited18,702.00
PROJECTED RESULTS
Projected Resale Price205,000.00
Projected Cost of Sale12,300.00
Flip Profit55,158.00
ROI294.93%
Annualized ROI884.79%
Timeline Assumptions
Time to Complete Rehab2 Months
Time to Complete Sale2 Month
Total Time4 Month 
Offering