Property ID:
AL200274396
City:
Dothan
State/Province:
AL
Zip Code:
36301
Country:
USA
Rental Analysis
+ Purchase Price:
$75,000
+ Purchase Closing Cost:
$2,250
+ Rehab Cost:
$15,000
Total Acquisition Cost:
$92,250
Monthly Rent:
$850
+ Annual Potential Rent:
$10,200
- Vacancy (3%):
$306
Annual Gross Income:
$9,894
Annual Gross ROI:
10.73%
Flip Analysis
+ Purchase Price:
$75,000
+ Purchase Closing Cost:
$2,250
+ Rehab Cost:
$25,000
Total Acquisition Cost:
$102,250
+ Selling closing cost:
$4,050
+ Agent Commision :
$4,000
Total Holding Cost:
$8,050
Total Flip Cost:
$110,300
Projected ARV:
$135,000
Net Income (Profit):
$24,700
CAP Rate:
22.39%