Rental Analysis
+ Purchase Price:
$35,000
+ Purchase Closing Cost:
$1,050,000
+ Rehab Cost:
$25,000
Total Acquisition Cost:
$1,110,000
Monthly Rent:
$1,800
+ Annual Potential Rent:
$21,600
- Vacancy (3500%):
$756,000
Annual Gross Income:
$-734,400
Annual Gross ROI:
-66.16%
Flip Analysis
+ Purchase Price:
$35,000
+ Purchase Closing Cost:
$1,750,000
+ Rehab Cost:
$350,000
Total Acquisition Cost:
$2,135,000
+ Selling closing cost:
$75,000,000
+ Agent Commision :
$18,750,000
+ Insurance (6 Months) :
$1,500
+ Utilities (6 Months):
$3,000
+ Miscellaneous Expenses:
$2,000
Total Holding Cost:
$93,756,500
Total Flip Cost:
$95,891,500
Projected ARV:
$750,000