Wholesale Property
3602 Antisdale Ave, Cleveland Heights, OH 44118, USA
Bedrooms: 3, Bathrooms: 2.0, Sqft: 1772, Lot Size: 4400, Year Built: 1941
Brought to you by:
TURBO REALTY LLC,
(216) 279-5242
deangelo@turborealtycleveland.com
Financial Summary
Project Costs
Purchase Price | $57,000 | |
Wholesale Fee | $3,000 | |
Purchase Costs | $0 | |
Rehab Costs | $55,000 | |
Rehab Contingency () | $0 | |
Rehab Holding Costs | $1,982 | |
Total Project Costs | $113,982 | |
Financing | $0 | |
Cash out of Pocket | $113,982 | |
Rehab Project Length | 6 Month(s) |
Project Returns
Sales Price | $168,000 | |
Project Costs | ($113,982) | |
Sale Costs | ($0) | |
Profit Amount | $54,018 | |
ROI | 47.39% | |
ROR | 94.78% | |
Unlevered ROI | 47.39% | |
Unlevered ROR | 94.78% |
Comps
| Address | Dist | Beds | Baths | Sqft | Sold ($) | $/sqft | Sale date |
| 3633 Grosvenor Rd | 0.055 miles | 3 | 2.0 | 1503 | $70,000 | $47 | 2021-07-08 |
| 3566 Antisdale Ave | 0.07 miles | 3 | 2.0 | 1637 | $139,900 | $85 | 2021-06-22 |
| 3587 Harvey Rd | 0.11 miles | 3 | 2.0 | 1704 | $165,000 | $97 | 2021-08-19 |
| Average: | $124,967 | $76 | |||||
CMA Summary
By Average of Sales
Adjusted Comps
Avg of Adjusted Sales ARV | $124,967 | |
Subject Sqft | 1,772 | |
Adjusted $/sqft | $71 |
Unadjusted Comps
Avg of Sales ARV | $124,967 | |
Subject Sqft | 1,772 | |
Avg of Sales $/sqft | $71 |
By Average of $/Sqft
Adjusted Comps
Avg of Adjusted $/sqft | $76 | |
Subject Sqft | 1,772 | |
Calculated Adj. ARV | $135,263 |
Unadjusted Comps
Avg of Unadjusted $/sqft | $76 | |
Subject Sqft | 1,772 | |
Calculated ARV | $135,263 |
CMA Detail
| Basics | Subject | Comparable | Comparable | Comparable | ||||
|  |  |  | |||||
| Address | 3602 Antisdale Ave, Cleveland Heights, OH 44118, USA | 3633 Grosvenor Rd, Cleveland Heights, OH 44118, USA | 3566 Antisdale Ave, Cleveland Heights, OH 44118, USA | 3587 Harvey Rd, Cleveland Heights, OH 44118, USA | ||||
| Sold Date | - | 2021-07-08 | 2021-06-22 | 2021-08-19 | ||||
| Sold $ | $70,000 | $139,900 | $165,000 | |||||
| Sqft | 1,772 | 1,503 | 1,637 | 1,704 | ||||
| $/sqft | $0 | $47 | $85 | $97 | ||||
| Features | Feature Values | Units | Units | Adjustment | Units | Adjustment | Units | Adjustment |
Bedrooms | $0 | 3.00 | 3.00 | $0 | 3.00 | $0 | 3.00 | $0 |
Bathrooms | $0 | 2.00 | 2.00 | $0 | 2.00 | $0 | 2.00 | $0 |
Garage spaces | $0 | 0.00 | 1.00 | $0 | 2.00 | $0 | 2.00 | $0 |
Carport spaces | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Lot size sqft | $0 | 4,400.00 | 4,400.00 | $0 | 4,400.00 | $0 | 6,720.00 | $0 |
Basement sqft | $0 | 756.00 | 1,077.00 | $0 | 789.00 | $0 | 813.00 | $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 | $71 | $47 | $85 | $97 | ||||
| Adjusted ARV $ | $124,967 | $70,000 | $139,900 | $165,000 | ||||
| Notes | ||||||||
Purchase Costs
| Name | Type | Cost | |
| LUMP SUM | $ Amount | $0 | |
| Total Purchase Costs: | $0 | ||
Sale Costs
| Name | Type | Cost | |
| LUMP SUM | $ Amount | $0 | |
| Total Sale Costs: | $0 | ||
Summary Rehab Estimate
| Category | ($) Amount | |
| Other | $55,000 | |
| Total Rehab Cost: | $55,000 |
Property Photos