Property ID:
CA200688120
City:
Alameda
State/Province:
CA
Zip Code:
94501
Country:
USA
Flip Analysis
+ Purchase Price:
$500,000
+ Purchase Closing Cost:
$15,000
+ Rehab Cost:
$80,000
Total Acquisition Cost:
$595,000
+ Selling closing cost:
$27,000
+ Agent Commision :
$27,000
+ Insurance (6 Months) :
$300
+ Utilities (6 Months):
$100
+ Miscellaneous Expenses:
$200
Total Holding Cost:
$54,600
Total Flip Cost:
$649,600
Projected ARV:
$900,000
Net Income (Profit):
$250,400
CAP Rate:
38.55%