Rental Analysis
+ Purchase Price:
$300,000
+ Purchase Closing Cost:
$9,000
+ Rehab Cost:
$10,000
Total Acquisition Cost:
$319,000
Monthly Rent:
$4,600
+ Annual Potential Rent:
$55,200
- Vacancy (3%):
$1,656
Annual Gross Income:
$53,544
Annual Gross ROI:
16.78%
Flip Analysis
+ Purchase Price:
$300,000
+ Purchase Closing Cost:
$9,000
+ Rehab Cost:
$20,000
Total Acquisition Cost:
$329,000
+ Selling closing cost:
$12,000
+ Agent Commision :
$12,000
+ Insurance (6 Months) :
$3,000
+ Utilities (6 Months):
$3,000
+ Miscellaneous Expenses:
$2,000
Total Holding Cost:
$32,000
Total Flip Cost:
$361,000
Projected ARV:
$400,000
Net Income (Profit):
$39,000
CAP Rate:
10.8%
16 Bedrooms
8 Baths
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Flip/Rental
