Fix and Flip Project in STL 3 of 4
6126 Sherry Ave, St. Louis, MO 63136, USA
Bedrooms: 2, Bathrooms: 1.0, Sqft: 624, Lot Size: 3487, Year Built: 1928
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 | $13 | |
Total Project Costs | $7,513 | |
Financing | $0 | |
Cash out of Pocket | $7,513 | |
Rehab Project Length | 1 Month(s) |
Project Returns
Sales Price | $76,000 | |
Project Costs | ($7,513) | |
Sale Costs | $0 | |
Profit Amount | $68,487 | |
ROI | 911.59% | |
ROR | 10939.09% | |
Unlevered ROI | 911.59% | |
Unlevered ROR | 10939.09% |
Comps
| Address | Dist | Beds | Baths | Sqft | Sold ($) | $/sqft | Sale date |
| 10182 Count Dr | 3.8 miles | 2 | 1.0 | 702 | $90,000 | $128 | 2025-01-28 |
| 7030 Manette Dr | 1 miles | 2 | 1.0 | 748 | $80,000 | $107 | 2024-12-24 |
| 5314 Hamilton Ave | 0.32 miles | 2 | 1.0 | 660 | $58,000 | $88 | 2024-09-05 |
| Average: | $76,000 | $108 | |||||
CMA Summary
By Average of Sales
Adjusted Comps
Avg of Adjusted Sales ARV | $76,000 | |
Subject Sqft | 624 | |
Adjusted $/sqft | $122 |
Unadjusted Comps
Avg of Sales ARV | $76,000 | |
Subject Sqft | 624 | |
Avg of Sales $/sqft | $122 |
By Average of $/Sqft
Adjusted Comps
Avg of Adjusted $/sqft | $108 | |
Subject Sqft | 624 | |
Calculated Adj. ARV | $67,184 |
Unadjusted Comps
Avg of Unadjusted $/sqft | $108 | |
Subject Sqft | 624 | |
Calculated ARV | $67,184 |
CMA Detail
| Basics | Subject | Comparable | Comparable | Comparable | ||||
| Image Not Available | Image Not Available |  | |||||
| Address | 6126 Sherry Ave, St. Louis, MO 63136, USA | 10182 Count Dr, St. Louis, MO 63136, USA | 7030 Manette Dr, St. Louis, MO 63136, USA | 5314 Hamilton Ave, Jennings, MO 63136, USA | ||||
| Sold Date | 2007-01-19 | 2025-01-28 | 2024-12-24 | 2024-09-05 | ||||
| Sold $ | $60,000 | $90,000 | $80,000 | $58,000 | ||||
| Sqft | 624 | 702 | 748 | 660 | ||||
| $/sqft | $96 | $128 | $107 | $88 | ||||
| Features | Feature Values | Units | Units | Adjustment | Units | Adjustment | Units | Adjustment |
Bedrooms | $0 | 2.00 | 2.00 | $0 | 2.00 | $0 | 2.00 | $0 |
Bathrooms | $0 | 1.00 | 1.00 | $0 | 1.00 | $0 | 1.00 | $0 |
Garage spaces | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Carport spaces | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Lot size sqft | $0 | 3,487.00 | 5,201.00 | $0 | 7,505.00 | $0 | 3,202.00 | $0 |
Basement sqft | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Has pool | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Has view | $0 | 1.00 | 1.00 | $0 | 1.00 | $0 | 1.00 | $0 |
| Adjustment Subtotals | $0 | $0 | $0 | |||||
| Adjusted $/sqft | $122 | $128 | $107 | $88 | ||||
| Adjusted ARV $ | $76,000 | $90,000 | $80,000 | $58,000 | ||||
| Notes | ||||||||
Property Photos