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Updated over 7 years ago,
OFF MARKET!!! GREAT INVESTMENT PROPERTY IN HOT EAST BALTIMORE!!!
Great 3 bedroom, two bath duplex townhome in great community. This property makes for a good fix/flip or even better buy/hold. This one is a must see.
Asking $74.5K, est. repairs(rental) $20k & $45k(flip), ARV $155k - $170k. Please provide POF to view property & $3k EMD at time of contract. No conventional financing.. Cash or Private/Hard Money ONLY. Continued success to you. See you at the closing.
PURCHASE/REHAB ASSUMPTIONS | ||
---|---|---|
% of ARV | ||
After-Repair Value (ARV) | 165,000.00 | |
Purchase Price (Offer Price) | 74,500.00 | 45.15% |
Rehab Costs | 35,000.00 | 21.21% |
Total Holding and Closing Costs | 3,000.00 | 1.82% |
Total Financing Costs | 6,554.00 | 3.97% |
Total Project Cost Basis | 119,054.00 | 72.15% |
Total Amount Financed | 90,600.00 | |
Total Cash Commited | 28,454.00 |
PROJECTED RESULTS | |
---|---|
Projected Resale Price | 165,000.00 |
Projected Cost of Sale | 9,900.00 |
Flip Profit | 36,046.00 |
ROI | 126.68% |
Annualized ROI | 380.04% |
Timeline Assumptions | |
Time to Complete Rehab | 2 Months |
Time to Complete Sale | 2 Month |
Total Time | 4 Month |
For additonal info, pics & property summary, please see link below:
Offering