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Updated about 10 years ago on . Most recent reply

User Stats

64
Posts
4
Votes
Vita Dementchoukova
  • Specialist
  • Clark, NJ
4
Votes |
64
Posts

Fixer UPPER IN BLOOMFIELD NJ

Vita Dementchoukova
  • Specialist
  • Clark, NJ
Posted

FIX + FLIP INVESTMENT COST ARV $200K

TURNKEY PRICE $51,000

EST. REHAB COST (Sq. Ft. x $20) $15,120

EST. HOLDING COST (3 MONTHS) $1,600

EST. CLOSING COSTS (4% of ARV) $8,010

EST. BROKER FEES (6% of ARV) $12,015

EST. TOTAL INITIAL INVESTMENT $87,745

ESTIMATED ARV (comps on Page 7) $200,250

ESTIMATED PROFIT $112,505

ESTIMATED ROI 128.2%

Offering

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