Fix and Flip Project

5530 Catharine St, Philadelphia, PA 19143, USA

Bedrooms: 3, Bathrooms: 1.5, Sqft: 1486, Lot Size: 1680, Year Built: 1925
Brought to you by:
Black Door Holdings LLC
(267) 458-9067, Text (267) 361-1319
blackdoorhomesolutions@gmail.com
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Financial Summary

Project Costs

Purchase Price
$155,000
Purchase Costs
$3,315
Rehab Costs
$100,000
Rehab Contingency ()
$0
Rehab Holding Costs
$173
Total Project Costs
$258,489
Financing
$0
Cash out of Pocket
$258,489
Rehab Project Length
3 Month(s)

Project Returns

Sales Price
$350,000
Project Costs
($258,489)
Sale Costs
($0)
Profit Amount
$91,512
ROI
35.40%
ROR
141.61%
Unlevered ROI
35.40%
Unlevered ROR
141.61%

Comps

AddressDistBedsBathsSqftSold ($)$/sqftSale date
4905 Pine St0.76 miles31.51512$446,000$2952021-05-27
1029 S 50th St0.83 miles31.01122$375,000$3342021-06-04
5131 Catharine St0.42 miles32.51410$345,000$2452021-08-03
5028 Florence Ave0.68 miles31.51408$300,000$2132021-06-18
4929 Warrington Ave0.78 miles31.01560$372,000$2382021-09-16
4736 Osage Ave0.88 miles31.51480$437,000$2952021-05-04
4830 Osage Ave0.78 miles31.51408$375,000$2662021-05-26
5020 Florence Ave0.69 miles31.01207$370,000$3072021-08-26
5138 Cedar Ave0.43 miles31.5137$420,000$3,0662021-10-27
Average:$382,222$584 

CMA Summary

By Average of Sales

Adjusted Comps

Avg of Adjusted Sales ARV
$382,222
Subject Sqft
1,486
Adjusted $/sqft
$257

Unadjusted Comps

Avg of Sales ARV
$382,222
Subject Sqft
1,486
Avg of Sales $/sqft
$257

By Average of $/Sqft

Adjusted Comps

Avg of Adjusted $/sqft
$584
Subject Sqft
1,486
Calculated Adj. ARV
$868,319

Unadjusted Comps

Avg of Unadjusted $/sqft
$584
Subject Sqft
1,486
Calculated ARV
$868,319

CMA Detail

BasicsSubjectComparable Comparable Comparable Comparable Comparable Comparable Comparable Comparable Comparable
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Address5530 Catharine St, Philadelphia, PA 19143, USA4905 Pine St, Philadelphia, PA 19143, USA1029 S 50th St, Philadelphia, PA 19143, USA5131 Catharine St, Philadelphia, PA 19143, USA5028 Florence Ave, Philadelphia, PA 19143, USA4929 Warrington Ave, Philadelphia, PA 19143, USA4736 Osage Ave, Philadelphia, PA 19143, USA4830 Osage Ave, Philadelphia, PA 19143, USA5020 Florence Ave, Philadelphia, PA 19143, USA5138 Cedar Ave, Philadelphia, PA 19143, USA
Sold Date
-
2021-05-272021-06-042021-08-032021-06-182021-09-162021-05-042021-05-262021-08-262021-10-27
Sold $$446,000$375,000$345,000$300,000$372,000$437,000$375,000$370,000$420,000
Sqft1,4861,5121,1221,4101,4081,5601,4801,4081,207137
$/sqft$0$295$334$245$213$238$295$266$307$3,066
Features
Feature Values
UnitsUnitsAdjustmentUnitsAdjustmentUnitsAdjustmentUnitsAdjustmentUnitsAdjustmentUnitsAdjustmentUnitsAdjustmentUnitsAdjustmentUnitsAdjustment
Bedrooms
$03.003.00$03.00$03.00$03.00$03.00$03.00$03.00$03.00$03.00$0
Bathrooms
$01.501.50$01.00$02.50$01.50$01.00$01.50$01.50$01.00$01.50$0
Garage spaces
$00.000.00$00.00$00.00$00.00$00.00$00.00$00.00$00.00$00.00$0
Carport spaces
$00.000.00$00.00$00.00$00.00$00.00$00.00$00.00$00.00$00.00$0
Lot size sqft
$01,680.001,600.00$01,116.00$01,666.00$01,900.00$01,404.00$01,796.00$01,778.00$01,425.00$01,725.00$0
Basement sqft
$00.000.00$00.00$00.00$00.00$00.00$00.00$00.00$00.00$00.00$0
Has pool
$00.000.00$00.00$00.00$00.00$00.00$00.00$00.00$00.00$00.00$0
Has view
$01.001.00$01.00$01.00$01.00$01.00$01.00$01.00$01.00$01.00$0
Adjustment Subtotals$0$0$0$0$0$0$0$0$0
Adjusted $/sqft$257$295$334$245$213$238$295$266$307$3,066
Adjusted ARV $$382,222$446,000$375,000$345,000$300,000$372,000$437,000$375,000$370,000$420,000
Notes