Fix and Flip Project
145 E 208th St, Euclid, OH 44123, USA
Bedrooms: 3, Bathrooms: 1.0, Sqft: 1196, Lot Size: 6650, Year Built: 1934
Brought to you by:
TURBO REALTY LLC,
(216) 279-5242
deangelo@turborealtycleveland.com
Financial Summary
Project Costs
Purchase Price | $45,000 | |
Purchase Costs | $0 | |
Rehab Costs | $45,000 | |
Rehab Contingency () | $0 | |
Rehab Holding Costs | $727 | |
Total Project Costs | $90,727 | |
Financing | $0 | |
Cash out of Pocket | $90,727 | |
Rehab Project Length | 3 Month(s) |
Project Returns
Sales Price | $110,000 | |
Project Costs | ($90,727) | |
Sale Costs | $0 | |
Profit Amount | $19,273 | |
ROI | 21.24% | |
ROR | 84.97% | |
Unlevered ROI | 21.24% | |
Unlevered ROR | 84.97% |
Comps
| Address | Dist | Beds | Baths | Sqft | Sold ($) | $/sqft | Sale date |
| 141 E 208th St | 0.011 miles | 3 | 1.0 | 1376 | $47,100 | $34 | 2018-10-22 |
| 160 E 211th St | 0.095 miles | 3 | 2.0 | 1359 | $119,000 | $88 | 2019-02-21 |
| 61 East 207th Street | 0.14 miles | 3 | 1.0 | 1421 | $30,000 | $21 | 2019-03-19 |
| 20531 Morris Avenue | 0.72 miles | 3 | 2.0 | 1140 | $94,900 | $83 | 2019-05-30 |
| Average: | $72,750 | $57 | |||||
CMA Summary
By Average of Sales
Adjusted Comps
Avg of Adjusted Sales ARV | $72,750 | |
Subject Sqft | 1,196 | |
Adjusted $/sqft | $61 |
Unadjusted Comps
Avg of Sales ARV | $72,750 | |
Subject Sqft | 1,196 | |
Avg of Sales $/sqft | $61 |
By Average of $/Sqft
Adjusted Comps
Avg of Adjusted $/sqft | $57 | |
Subject Sqft | 1,196 | |
Calculated Adj. ARV | $67,574 |
Unadjusted Comps
Avg of Unadjusted $/sqft | $57 | |
Subject Sqft | 1,196 | |
Calculated ARV | $67,574 |
CMA Detail
| Basics | Subject | Comparable | Comparable | Comparable | Comparable | |||||
|  |  | Image Not Available | Image Not Available | ||||||
| Address | 145 E 208th St, Euclid, OH 44123, USA | 141 E 208th St, Euclid, OH 44123, USA | 160 E 211th St, Euclid, OH 44123, USA | 61 East 207th Street, Euclid, OH 44123, USA | 20531 Morris Avenue, Euclid, OH 44123, USA | |||||
| Sold Date | 2015-09-21 | 2018-10-22 | 2019-02-21 | 2019-03-19 | 2019-05-30 | |||||
| Sold $ | $116,000 | $47,100 | $119,000 | $30,000 | $94,900 | |||||
| Sqft | 1,196 | 1,376 | 1,359 | 1,421 | 1,140 | |||||
| $/sqft | $97 | $34 | $88 | $21 | $83 | |||||
| Features | Feature Values | Units | Units | Adjustment | Units | Adjustment | Units | Adjustment | Units | Adjustment |
Bedrooms | $0 | 3.00 | 3.00 | $0 | 3.00 | $0 | 3.00 | $0 | 3.00 | $0 |
Bathrooms | $0 | 1.00 | 1.00 | $0 | 2.00 | $0 | 1.00 | $0 | 2.00 | $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 | 6,650.00 | 6,651.00 | $0 | 5,318.00 | $0 | 6,075.00 | $0 | 4,816.00 | $0 |
Basement sqft | $0 | 675.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Has pool | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Has view | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
| Adjustment Subtotals | $0 | $0 | $0 | $0 | ||||||
| Adjusted $/sqft | $61 | $34 | $88 | $21 | $83 | |||||
| Adjusted ARV $ | $72,750 | $47,100 | $119,000 | $30,000 | $94,900 | |||||
| Notes | ||||||||||
Summary Rehab Estimate
| Category | ($) Amount | |
| Other | $45,000 | |
| Total Rehab Cost: | $45,000 |
Property Photos