Get PDF here
SE Investor Rehab Special
5301 Brookdale Dr
Oklahoma City, OK 73135
This is a great property for cash flow.   This 4 bedroom, 1 bath property will generate $1,100 per month income!! The property will need a total rehab, so bring your work crew.  But the returns are so worth the work.  Its in a strong working class neighborhood so should be easy to fill.
Exclusively Presented By:
Greg Milard
Vestor Solutions LLC
113 Cherry St # 23125
Seattle, WA 98104
(405) 694-4545
contact@vestorproperties.com
http://www.vestorproperties.com
Powered by www.vestorproperties.com


BUYER MARKETING SHEET (HOLD)
Property Address:
Presented by:
5301 Brookdale Dr
Property City, State, ZIP:
Greg Milard
Oklahoma City, OK 73135
Bedrooms: 4  Baths: 2  Sq.Feet: 1137  Built: 1967
Vestor Solutions LLC
Notes:
(405) 694-4545
contact@vestorproperties.com
http://www.vestorproperties.com
The exterior of the property is in good condition. The garage has been converted into a 4th Bedroom. No signs of Foundation issues. Roof will need to be replaced. There is an addition to the back of the house. The interior is basically down to the studs. Vandals have broken in and damaged the drywall in the house.
Project Description:
PURCHASE/REHAB ASSUMPTIONS
% of ARV
After-Repair Value (ARV)
65,000.00
Purchase Price (Offer Price)
22,000.00
34%
Rehab Costs
25,000.00
38%
3,000.00
Total Closing (not inc. Refi) and Holding Costs
5%
Total Financing Costs
-
0%
Total Project Cost Basis
50,000.00
77%
Total Amount Financed
-
Total Cash Committed
50,000.00
PROJECTED RESULTS
Projected Monthly Rent (net of vacancy)
1,200.00
Projected New Loan Amount (for Refi)
55,250.00
Projected Monthly Expenses 210.00
Cash-Out at Refi (net of closing costs)
53,592.50
Projected Monthly Net Operating Income
990.00
3,592.50
Profit at Refi
Cash Left in the Deal after Refi -
Cap Rate Based on Cost Basis 23.8% Equity Left in the Deal after Refi 9,750.00
Cap Rate Based on ARV
 18.3% Monthly Cash Flow (before-tax) 622.42
2 Months
Assumed Time to Complete Rehab
Cash-on-Cash Return (before-tax) infinite
Assumed Time to Complete Refi 2 Months DCR of New Loan 2.69
4 Months
Total Time between Acquisition and Refi
Assuming 7% Rate and 30 Year Amortization
Powered by www.vestorproperties.com


CASH FLOW SUMMARY (HOLD)
SE Investor Rehab Special Greg Milard
5301 Brookdale Dr Vestor Solutions LLC
Oklahoma City, OK 73135 (405) 694-4545
Month 0 1 2 3 4 5 6 7 8
Purchase (22,000)
Closing Costs (1,500)
Orig/Disc Points and Loan Closing Costs
Holding Costs (375) (375) (375) (375)
Rehab Draws/Expenses (25,000)
Interest (Paid or Accrued) 0 0 0 0
Total Cash Spent in Period (48,500) (375) (375) (375) (375)
Cumulative Financed 0 0 0 0 0
Cumulative Cost Basis (48,500) (48,875) (49,250) (49,625) (50,000)
Refinance: New Loan Amount 55,250
Closing Costs on New Loan (1,658)
PayOff Existing Loan 0
Cash Out at Refi 53,593
Profit to Investor at Refi
3,593
Return on Cash Investment 21.56%
Cash Tied up in Deal 0
Equity Left in Deal 9,750
Powered by www.vestorproperties.com


CASH FLOW TO LENDER (HOLD)
Greg Milard
5301 Brookdale Dr Vestor Solutions LLC
Oklahoma City, OK 73135 (405) 694-4545
Points Offered to Lender:
3.00%
 Total Interest Income:
-
Interest Rate Offered to Lender:
10.00%
 Points, Fees:
-
Total Amount Funded By Lender:
0
 Total:
-
0
Total Loan Amount (inc deferred):
Cash-on-Cash Return (annual):
IRR (annualized):
Month 0 1 2 3 4 5 6 7 8
Purchase 0
Purchase Closing Costs Funded
Holding Costs Funded
Origination/Discount Points
Rehab Draws
Interest on Loan (Paid)
Interest on Loan (Deferred)
Interest on Draws (Paid)
Interest on Draws (Deferred)
Total Loan Balance
Payback of the Loan 0
Cashflows Out
Cashflows In
Net
Powered by www.vestorproperties.com
Get PDF here