Lead
Edit
Purchase Price
$1,495,000
Renovation
$500,000
After Repair Value
$2,678,000
Projected Profit
$434,100
19.3% ROI
Cost Breakdown
Purchase Price
$1,495,000
Renovation
$500,000
Holding Costs (6 mo × $2,500/mo)
$15,000
Property Taxes
$2,000/mo
Insurance
$350/mo
Utilities
$150/mo
Financing Costs
$75,000
Interest (11.0% × 6 mo)
$55,000
Origination Points (2.0%)
$20,000
Buying Closing Costs
$10,000
Selling Costs
$148,900
Agent Commission (5.0%)
$133,900
Other
$15,000
Total Costs
$2,243,900
Projected Profit
$434,100
Sensitivity Analysis
Projected profit and ROI across ARV and renovation cost scenarios
| ARV ↓ / Reno → |
-20% $400,000 |
-10% $450,000 |
Base $500,000 |
+10% $550,000 |
+20% $600,000 |
+30% $650,000 |
|---|---|---|---|---|---|---|
|
-20% $2,142,400 |
$25,280
1.2% |
-$24,720
-1.1% |
-$74,720
-3.4% |
-$124,720
-5.5% |
-$174,720
-7.5% |
-$224,720
-9.5% |
|
-10% $2,410,200 |
$279,690
13.1% |
$229,690
10.5% |
$179,690
8.1% |
$129,690
5.7% |
$79,690
3.4% |
$29,690
1.2% |
|
Base $2,678,000 |
$534,100
24.9% |
$484,100
22.1% |
$434,100
19.3% |
$384,100
16.7% |
$334,100
14.3% |
$284,100
11.9% |
|
+10% $2,945,800 |
$788,510
36.6% |
$738,510
33.5% |
$688,510
30.5% |
$638,510
27.7% |
$588,510
25.0% |
$538,510
22.4% |
|
+20% $3,213,600 |
$1,042,920
48.0% |
$992,920
44.7% |
$942,920
41.5% |
$892,920
38.5% |
$842,920
35.6% |
$792,920
32.8% |
≥$20k $0–$20k Negative Base scenario
Details
- Type
- flip
- Sq. ft.
- 2678
- Listing
- View listing
- Loan Amount
- $1,000,000
- Down Payment
- $495,000