Fix and Flip Project

744 W Wellens St, Philadelphia, PA 19120, USA

Bedrooms: 3, Bathrooms: 1.0, Sqft: 1344, Lot Size: 1200, Year Built: 1940
Brought to you by:
Black Door Holdings LLC
(267) 458-9067, Text (267) 361-1319
blackdoorhomesolutions@gmail.com
5

Streetview

Financial Summary

Project Costs

Purchase Price
$50,000
Purchase Costs
$0
Rehab Costs
$0
Rehab Contingency ()
$0
Rehab Holding Costs
$0
Total Project Costs
$50,000
Financing
$0
Cash out of Pocket
$50,000

Project Returns

Sales Price
$137,088
Project Costs
($50,000)
Sale Costs
$0
Profit Amount
$87,088
ROI
174.18%
ROR
0.00%
Unlevered ROI
174.18%
Unlevered ROR
0.00%

Comps

AddressDistBedsBathsSqftSold ($)$/sqftSale date
715 W Wellens Ave0.047 miles31.01260$65,000$522020-08-20
810 W Fisher Ave0.053 miles31.01152$187,000$1622020-11-20
5162 N 8th St0.071 miles31.01470$165,000$1122020-03-10
5228 N 9th St0.072 miles31.01286$105,000$822021-01-22
Average:$130,500$102 

CMA Summary

By Average of Sales

Adjusted Comps

Avg of Adjusted Sales ARV
$130,500
Subject Sqft
1,344
Adjusted $/sqft
$97

Unadjusted Comps

Avg of Sales ARV
$130,500
Subject Sqft
1,344
Avg of Sales $/sqft
$97

By Average of $/Sqft

Adjusted Comps

Avg of Adjusted $/sqft
$102
Subject Sqft
1,344
Calculated Adj. ARV
$137,088

Unadjusted Comps

Avg of Unadjusted $/sqft
$102
Subject Sqft
1,344
Calculated ARV
$137,088

CMA Detail

BasicsSubjectComparable Comparable Comparable Comparable
StreetviewStreetviewStreetviewStreetviewStreetview
Address744 W Wellens St, Philadelphia, PA 19120, USA715 W Wellens St, Philadelphia, PA 19120, USA810 W Fisher Ave, Philadelphia, PA 19141, USA5162 N 8th St, Philadelphia, PA 19120, USA5228 N 9th St, Philadelphia, PA 19141, USA
Sold Date2020-01-032020-08-202020-11-202020-03-102021-01-22
Sold $$185,000$65,000$187,000$165,000$105,000
Sqft1,3441,2601,1521,4701,286
$/sqft$138$52$162$112$82
Features
Feature Values
UnitsUnitsAdjustmentUnitsAdjustmentUnitsAdjustmentUnitsAdjustment
Bedrooms
$03.003.00$03.00$03.00$03.00$0
Bathrooms
$01.001.00$01.00$01.00$01.00$0
Garage spaces
$00.001.00$00.00$01.00$01.00$0
Carport spaces
$00.000.00$00.00$00.00$00.00$0
Lot size sqft
$01,200.001,205.00$01,350.00$01,575.00$01,082.00$0
Basement sqft
$00.000.00$00.00$00.00$00.00$0
Has pool
$00.000.00$00.00$00.00$00.00$0
Has view
$01.001.00$01.00$01.00$01.00$0
Adjustment Subtotals$0$0$0$0
Adjusted $/sqft$97$52$162$112$82
Adjusted ARV $$130,500$65,000$187,000$165,000$105,000
Notes