Lots of Upgrades, and Multi-Family Potential
		Instant Equity AND High Cash Flow
			4600 PHILADELPHIA DR, DAYTON
			DAYTON, OH 45405
			This large home has 5 bedrooms, full size bath up, and master bedroom or in-law suite down with separate bath and shower. Living room, dining room, family room all with newer flooring. Kitchen has been recently updated with new counters, cabinets, and tile floor. Laundry on first floor, leaving basement free for storage.  2 car garage and nice yard
			Exclusively Presented By:
			Brian Ruland
			B Real Properties, LLC
			San Antonio , TX 78242
			(210) 741-9945
			brian@brealproperties.com
	B Real Properties LLC

PROJECT SUMMARY

PROJECT SUMMARY - FLIP

PURCHASE/REHAB ASSUMPTIONS

Purchase Price

42,000.00

A

Rehab Cost

40,272.00

B

3,900.00 Total Closing (not inc. Sale) and Holding Costs

C

Total Financing Costs

-

D

Projected Cost of Sale

9,100.00

E

Total Project Cost

86,172.00

(A+B+C+D+E)

Total Amount Financed

-

F

Total Cash Committed

86,172.00

G

RESULTS

Projected Resale Price

130,000.00

H

Total Project Cost

86,172.00

I

Lender Split of Profits

-

J

Flip Profit

34,728.00

K=H-I-J

ROI

40.30%

K/G

Annualized ROI

96.72%

Breakdown of Financing Costs:

Origination/Discount Points

-

Other Closing Costs for Loan

-

Interest on Original Loan

-

Interest on Rehab Money

-

Total Cost of Financing

-

B Real Properties LLC

Flip Exit Strategy

Property Address:

4600 PHILADELPHIA DR, DAYTON

Presented by:

Property City, State, ZIP:

DAYTON, OH 45405

Brian Ruland

Bedrooms: 5  Baths: 2  Sq.Feet: 1775  Built: 1919

B Real Properties, LLC

Notes:

(210) 741-9945

brian@brealproperties.com

Project Description:

Additional Notes:

PURCHASE/REHAB ASSUMPTIONS

PROJECTED RESULTS

% of ARV

Projected Resale Price

130,000.00

130,000.00 After-Repair Value (ARV)

Total Project Cost Basis

86,172.00

42,000.00 Purchase Price (Offer Price) 32.31%

34,728.00 Flip Profit

Rehab Costs

40,272.00

30.98%

ROI

40.30%

Total Closing and Holding Costs 3,900.00

3.00%

Annualized ROI

96.72%

Total Financing Costs

0.00

0.00%

Projected Cost of Sale

9,100.00

null

Timeline Assumptions

Total Project Cost Basis

86,172.00

66.29%

2 Months Time to Complete Rehab

Total Amount Financed

0.00

Time to Complete Sale

3 Months

Total Cash Committed

86,172.00

Total Time

5 Months

B Real Properties LLC

Fix, Hold, Rent Exit Strategy

Instant Equity AND High-Cash Flow!

Property Address:

Presented by: 4600 PHILADELPHIA DR, DAYTON

Property City, State, ZIP:

Brian Ruland DAYTON, OH 45405

Bedrooms: 5  Baths: 2  Sq.Feet: 1775  Built: 1919

B Real Properties, LLC

Notes:

(210) 741-9945

brian@brealproperties.com

Great neighborhood, 2-car garage, plenty of other off-street parking. Project Description:

PURCHASE/REHAB ASSUMPTIONS

% of ARV

After-Repair Value (ARV)

130,000.00

Purchase Price (Offer Price)

42,000.00

32%

Rehab Costs

40,272.00

31%

3,900.00 Total Closing and Holding Costs

3%

Total Financing Costs

-

0%

Total Project Cost Basis

86,172.00

66%

Total Amount Financed

-

Total Cash Committed

86,172.00

PROJECTED RESULTS

Projected Monthly Rent (net of vacancy) 1,140.00

Projected Monthly Expenses

764.00

Projected Monthly Net Operating Income 376.00

Cap Rate Based on Cost Basis

5.2%

Sweat Equity at End of Rehab

43,828.00

Cap Rate Based on ARV

3.5%

Monthly Cash Flow (before-tax)

376.00

2 Months Assumed Time to Complete Rehab

Cash-on-Cash Return (before-tax)

5.2%

Assumed Time to Lease Up

2 Months

4 Months Total Time between Acquisition and Lease-up

B Real Properties LLC

	STABILIZED INCOME AND EXPENSES (HOLD)
													Brian Ruland
		4600 PHILADELPHIA DR, DAYTON											B Real Properties, LLC
		DAYTON, OH 45405											(210) 741-9945
	OPERATING INCOME
	Unit Type #		# of units	Unit type							Square Ft			$/Ft/Mth			Monthly		Annual Rent  % of GSI
	1		1								1,775						1,200		14,400			100.0%
	2																0
	3																0
	4																0
	5																0
	6																0
	7																0
	8																0
	9																0
	10																0
	11																0
	12																0
	Total		1								1,775
	Gross Schedule Income																1,200		14,400			100%
	VACANCY LOSS														5.0%		60		720
	Other Income																0		0
	Gross Operating Income (Effective Gross Inc)																1,140		13,680
										/Year Cost/Unit		Monthly Total					Annual Total		Expenses  % of Total
	OPERATING EXPENSES																					% of GOI
	Management Fee (% of Gross income)					10.0%				1,368		114					1,368		14.9%			10.0%
	Advertising
	Insurance Hazard									480		40					480		5.2%			3.5%
	Janitorial
	Landscape Maintenance									960		80					960		10.5%			7.0%
	Legal
	Miscellaneous
	Referrals or commissions
	Repairs and Maintenance									960		80					960		10.5%			7.0%
	Reserves									960		80					960		10.5%			7.0%
	Taxes - Property									3,840		320					3,840		41.9%			28.1%
	other
	Utilities:
	Water/Sewer									600		50					600		6.5%			4.4%
	Gas
	Other Utilities
	Total Operating Expenses									9,168		764					9,168		100%			67%
	Net Operating Income									4,512		376					4,512			33%
	B Real Properties LLC

	CASH FLOW SUMMARY (FLIP)
							Brian Ruland
		4600 PHILADELPHIA DR, DAYTON					B Real Properties, LLC
		DAYTON, OH 45405					(210) 741-9945
	Month		0	1	2	3		4	5	6	7	8
	Purchase		(42,000)
	Purchase Closing Costs		(1,500)
	Orig/Disc Points and Loan Closing Costs
	Holding Costs			(480)	(480)	(480)		(480)	(480)
	Rehab Draws/Expenses		(40,272)
	Interest (Paid or Accrued)
	Total Cash Spent in Period		(83,772)	(480)	(480)	(480)		(480)	(480)
	Cumulative Cost Basis		(83,772)	(84,252)	(84,732)	(85,212)		(85,692)	(86,172)
	Sale Price								130,000
	Selling Costs								(9,100)
	Profit Split to Lender
	Flip Profit to Investor (Pre-Tax)								34,728
	Total Cash Committed								86,172
	Return on Cash Investment  (annualized)								96.72%
	B Real Properties LLC

	CASH FLOW SUMMARY (HOLD)
							Brian Ruland
		4600 PHILADELPHIA DR, DAYTON					B Real Properties, LLC
		DAYTON, OH 45405					(210) 741-9945
	Month		0	1	2	3		4	5	6	7	8
	Purchase		(42,000)
	Closing Costs		(1,500)
	Orig/Disc Points and Loan Closing Costs
	Holding Costs			(600)	(600)	(600)		(600)
	Rehab Draws/Expenses		(40,272)
	Interest (Paid or Accrued)			0	0	0		0
	Total Cash Spent in Period		(83,772)	(600)	(600)	(600)		(600)
	Cumulative Financed		0	0	0	0		0
	Cumulative Cost Basis		(83,772)	(84,372)	(84,972)	(85,572)		(86,172)
	Profit to Investor at Refi
	Cash Tied up in Deal							86,172
	Equity Left in Deal							130,000
	B Real Properties LLC

CASH FLOW TO LENDER (HOLD)

Brian Ruland

4600 PHILADELPHIA DR, DAYTON

B Real Properties, LLC

DAYTON, OH 45405

(210) 741-9945

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

B Real Properties LLC

	COMPARABLE SALES REPORT
		Property Address:		Presented by: 4600 PHILADELPHIA DR, DAYTON
		Property City, State, ZIP:				Brian Ruland DAYTON, OH 45405
		Bedrooms: 5  Baths: 2  Sq.Feet: 1775  Built: 1919														B Real Properties, LLC
		Notes:														(210) 741-9945
																brian@brealproperties.com
	Property Address Beds Baths SqFt										Sold	Built					Price		$/SqFt	Dist	Notes
	1.		3343 Waldeck Pl Dayton OH				4	2	1,344	04/09/2020				114,000 85						0.55
	2.		3701 Wales Dr Dayton OH				3	3	2,172	05/17/2019				136,900 63						0.61
	3.		152 Elm Hill Dr Dayton OH				3	3	1,877	08/22/2019				135,000 72						1.08
	4.		5306 Susan Dr Dayton OH				3	3	1,839	07/10/2019				132,000 72						1.13
	5.		3801 Ramsdell Ct Dayton OH				3	2	2,116	12/18/2019				133,900 63						0.64
	Average 130,360 71
	B Real Properties LLC

		null
	4600 PHILADELPHIA DR, DAYTON
				Lump Sum Budget:	40272.00
		B Real Properties LLC