Fix and Flip Project in STL 1 of 4
5616 Hodiamont Ave, Jennings, MO 63136, USA
Bedrooms: 3, Bathrooms: 1.0, Sqft: 864, Lot Size: 4478, Year Built: 1960
Brought to you by:
Midwest Dev group
816-718-3340
info@midwestdevgroup.com
Notes
Cheap fix-n-flip in Northeast STL, part of a group of FIVE houses selling as a block for 40,000.
Financial Summary
Project Costs
Purchase Price | $7,500 | |
Purchase Costs | $0 | |
Rehab Costs | $0 | |
Rehab Contingency () | $0 | |
Rehab Holding Costs | $83 | |
Total Project Costs | $7,583 | |
Financing | $0 | |
Cash out of Pocket | $7,583 | |
Rehab Project Length | 1 Month(s) |
Project Returns
Sales Price | $72,144 | |
Project Costs | ($7,583) | |
Sale Costs | $0 | |
Profit Amount | $64,561 | |
ROI | 851.42% | |
ROR | 10217.07% | |
Unlevered ROI | 851.42% | |
Unlevered ROR | 10217.07% |
Comps
| Address | Dist | Beds | Baths | Sqft | Sold ($) | $/sqft | Sale date |
| 3020 Solway Ave | 1.6 miles | 3 | 1.0 | 912 | $80,000 | $88 | 2025-02-28 |
| 33 Westdell Dr | 2.6 miles | 2 | 1.0 | 864 | $76,900 | $89 | 2025-01-21 |
| 2626 Avie Dr | 1.1 miles | 2 | 1.0 | 918 | $70,000 | $76 | 2024-10-24 |
| 5663 Hiller Pl | 0.51 miles | 1.0 | 924 | $75,000 | $81 | 2024-10-09 | |
| Average: | $75,475 | $84 | |||||
CMA Summary
By Average of Sales
Adjusted Comps
Avg of Adjusted Sales ARV | $75,475 | |
Subject Sqft | 864 | |
Adjusted $/sqft | $87 |
Unadjusted Comps
Avg of Sales ARV | $75,475 | |
Subject Sqft | 864 | |
Avg of Sales $/sqft | $87 |
By Average of $/Sqft
Adjusted Comps
Avg of Adjusted $/sqft | $84 | |
Subject Sqft | 864 | |
Calculated Adj. ARV | $72,144 |
Unadjusted Comps
Avg of Unadjusted $/sqft | $84 | |
Subject Sqft | 864 | |
Calculated ARV | $72,144 |
CMA Detail
| Basics | Subject | Comparable | Comparable | Comparable | Comparable | |||||
| Image Not Available | Image Not Available | Image Not Available | Image Not Available | ||||||
| Address | 5616 Hodiamont Ave, Jennings, MO 63136, USA | 3020 Solway Ave, Jennings, MO 63136, USA | 33 Westdell Dr, St. Louis, MO 63136, USA | 2626 Avie Dr, Jennings, MO 63136, USA | 5663 Hiller Pl, St. Louis, MO 63136, USA | |||||
| Sold Date | 2023-03-22 | 2025-02-28 | 2025-01-21 | 2024-10-24 | 2024-10-09 | |||||
| Sold $ | $85,000 | $80,000 | $76,900 | $70,000 | $75,000 | |||||
| Sqft | 864 | 912 | 864 | 918 | 924 | |||||
| $/sqft | $98 | $88 | $89 | $76 | $81 | |||||
| Features | Feature Values | Units | Units | Adjustment | Units | Adjustment | Units | Adjustment | Units | Adjustment |
Bedrooms | $0 | 3.00 | 3.00 | $0 | 2.00 | $0 | 2.00 | $0 | 0.00 | $0 |
Bathrooms | $0 | 1.00 | 1.00 | $0 | 1.00 | $0 | 1.00 | $0 | 1.00 | $0 |
Garage spaces | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Carport spaces | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Lot size sqft | $0 | 4,478.00 | 9,792.00 | $0 | 7,797.00 | $0 | 5,040.00 | $0 | 3,288.00 | $0 |
Basement sqft | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 48.00 | $0 | 0.00 | $0 |
Has pool | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Has view | $0 | 1.00 | 1.00 | $0 | 1.00 | $0 | 1.00 | $0 | 1.00 | $0 |
| Adjustment Subtotals | $0 | $0 | $0 | $0 | ||||||
| Adjusted $/sqft | $87 | $88 | $89 | $76 | $81 | |||||
| Adjusted ARV $ | $75,475 | $80,000 | $76,900 | $70,000 | $75,000 | |||||
| Notes | ||||||||||
Property Photos