|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PROJECT SUMMARY |
|
|
|
|
|
|
|
|
|
|
|
9225 S Saginaw Flip |
|
|
|
|
|
PROJECT SUMMARY - FLIP |
|
|
|
|
|
|
CONTRACT/REHAB ASSUMPTIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Contract Price |
|
|
|
|
115,000.00 |
|
|
|
A |
|
|
|
|
Rehab Cost |
|
|
|
45,000.00 |
|
|
|
B |
|
|
|
|
|
|
|
Total Closing (not inc. Sale) and Holding Costs |
|
|
|
|
|
C |
|
|
|
|
Total Financing Costs |
- |
|
|
|
D |
|
|
|
|
Projected Cost of Sale |
|
|
|
|
14,400.00 |
|
|
|
E |
|
|
|
|
Total Project Cost |
|
|
|
|
181,500.00 |
|
|
|
(A+B+C+D+E) |
|
|
|
|
Total Amount Financed |
|
|
|
|
- |
|
|
|
F |
|
|
|
|
Total Cash Committed |
|
|
|
|
167,100.00 |
|
|
|
G |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
RESULTS |
|
|
|
|
|
|
|
|
|
|
|
|
|
Projected Resale Price |
|
|
|
|
240,000.00 |
|
|
|
H |
|
|
|
|
Total Project Cost |
|
|
|
|
|
181,500.00 |
|
|
I |
|
|
|
|
Lender Split of Profits |
|
|
|
|
- |
|
|
|
J |
|
|
|
|
Flip Profit |
|
|
|
|
58,500.00 |
|
|
|
K=H-I-J |
|
|
|
|
ROI |
|
|
|
|
35.01% |
|
|
|
K/G |
|
|
|
|
Annualized ROI |
|
|
|
|
140.04% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Breakdown of Financing Costs: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Origination/Discount Points |
|
|
|
|
- |
|
|
|
|
|
|
Other Closing Costs for Loan |
|
|
|
|
- |
|
|
|
|
|
|
Interest on Original Loan |
|
|
|
|
- |
|
|
|
|
|
|
Interest on Rehab Money |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Cost of Financing |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
COMPARABLE SALES REPORT |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Property Address: |
|
|
|
|
|
|
Property City, State, ZIP: |
|
|
|
|
|
|
|
Bedrooms: 4 Baths: 2 Sq.Feet: 1469 Built: 1925 |
|
The Investors Edge |
|
|
|
|
|
|
708-929-1956 |
|
|
|
|
|
davesmith@theequitablesolution.com |
|
|
|
|
|
www.investors-edge.com |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8944 s anthony ave Chicago IL |
|
|
3 |
|
|
9/1/2021 |
|
280,000 |
|
229 |
|
0.41 |
|
|
|
|
|
|
|
|
|
|
|
|
2255 e 92nd st Chicago IL |
|
|
3 |
|
|
10/27/202 |
|
290,000 |
|
244 |
|
0.49 |
|
|
|
|
|
|
|
|
|
9158 s phillips ave Chicago IL |
|
|
3 |
|
|
11/3/2021 |
|
279,000 |
|
243 |
|
0.31 |
|
|
|
|
|
|
|
|
|
|
|
|
9029 s oglesby ave Chicago IL |
|
|
3 |
|
|
12/1/2021 |
|
279,000 |
|
251 |
|
0.46 |
|
|
|
|
|
|
|
|
|
|
|
|
9105 s oglesby ave Chicago IL |
|
|
3 |
|
|
12/14/202 |
|
255,000 |
|
213 |
|
0.42 |
|
|
|
|
|
|
|
|
|
|
|
|
9224 s merrill ave Chicago IL |
|
|
3 |
|
|
12/17/202 |
|
265,000 |
|
223 |
|
0.68 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|