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$30,000.00 PER DOOR
106 21St Avenue NE
Center Point, AL 35215
10 UNIT COMPLEX
Exclusively Presented By:
CARL FOSTER
5C PROPERTIES LLC
5502 TIMBER LEAF WAY
BESSEMER
2058819551
cf33@bham.rr.com
5cpropertiesllc.com


PROJECT SUMMARY
Oak Summit Apartments
PROJECT SUMMARY - FLIP PROJECT SUMMARY - HOLD/RENT
PURCHASE/REHAB ASSUMPTIONS PURCHASE/REHAB ASSUMPTIONS
Purchase Price           300,000.00 Purchase Price           300,000.00
Rehab Cost 7,000.00 Rehab Cost 7,000.00
1,500.00
Total Closing (not inc. Sale) and Holding Costs
1,500.00
Total Closing  and Holding Costs
-
Total Financing Costs
Total Financing Costs -
Total Project Cost 308,500.00 Total Project Cost 308,500.00
Total Amount Financed             - Total Amount Financed             -
Total Cash Committed         308,500.00 Total Cash Committed         308,500.00
RESULTS Projected After-Repair Appraisal 350,000.00
Projected Resale Price 350,000.00 Loan at Completion of Project -
Projected Cost of Sale 17,500.00
Flip Profit 24,000.00 RESULTS
ROI 7.78%
308,500.00
Original Investment Tied up in Deal
Annualized ROI 46.68%
41,500.00
Sweat Equity at End of Rehab
4,717.50
Monthly Cashflow (Pretax)
18.4%
Cash-on-Cash Return (Annual)
Breakdown of Financing Costs: Breakdown of Financing Costs:
Origination/Discount Points       - Origination/Discount Points       -
Other Closing Costs for Loan - Other Closing Costs for Loan -
Interest on Original Loan - Interest on Original Loan -
-
Interest on Rehab Money
-
Interest on Rehab Money
Total Cost of Financing
-
Total
-


MARKETING SHEET (HOLD)
$4,717.50 MONTHLY
Property Address: 106 21St Avenue NE Presented by:
Property City, State, Center Point, AL 35215 CARL FOSTER
Bedrooms: 20  Baths: 10  SqFt: 0  Built: 5C PROPERTIES LLC
Notes: 1 UNIT VACANT 2058819551
cf33@bham.rr.com
5cpropertiesllc.com
Rents on the 2/1 can increase to $700-$750
Rents on the 1/1 can increase to $625
Project Description:
PURCHASE/REHAB ASSUMPTIONS % of ARV
After-Repair Value (ARV) 350,000.00
Purchase Price (Offer Price) 300,000.00 86%
Rehab Costs 7,000.00 2%
1,500.00
Total Closing and Holding Costs
0%
Total Financing Costs - 0%
Total Project Cost Basis 308,500.00 88%
Total Amount Financed -
Total Cash Committed 308,500.00
PROJECTED RESULTS
Projected Monthly Rent (net of vacancy)
5,575.00
Projected Monthly Expenses 857.50
Projected Monthly Net Operating Income
4,717.50
Cap Rate Based on Cost Basis 18.4% Sweat Equity at End of Rehab 41,500.00
Cap Rate Based on ARV 16.2% Monthly Cash Flow (before-tax) 4,717.50
0 Months
Assumed Time to Complete Rehab
Cash-on-Cash Return (before-tax) 18.4%
Assumed Time to Lease Up 0 Months
0 Months
Total Time between Acquisition and Lease-up