Rental Analysis
+ Purchase Price:
$260,000
+ Purchase Closing Cost:
$5,200
+ Rehab Cost:
$10,000
Total Acquisition Cost:
$275,200
Monthly Rent:
$4,600
+ Annual Potential Rent:
$55,200
- Vacancy (3%):
$1,656
Annual Gross Income:
$53,544
Annual Gross ROI:
19.46%
Flip Analysis
+ Purchase Price:
$260,000
+ Purchase Closing Cost:
$7,800
+ Rehab Cost:
$10,000
Total Acquisition Cost:
$277,800
+ Selling closing cost:
$12,000
+ Agent Commision :
$12,000
+ Insurance (6 Months) :
$3,000
+ Utilities (6 Months):
$1,800
+ Miscellaneous Expenses:
$2,000
Total Holding Cost:
$30,800
Total Flip Cost:
$308,600
Projected ARV:
$400,000
Net Income (Profit):
$91,400
CAP Rate:
29.62%