Purchase Price | $30,000 | |
Purchase Costs | $3,138 | |
Rehab Costs | $50,000 | |
Rehab Contingency (15%) | $7,500 | |
Rehab Holding Costs | $7,625 | |
Total Project Costs | $98,263 | |
Financing | ($87,324) | |
Cash out of Pocket | $10,939 | |
Rehab Project Length | 3 Month(s) |
Sales Price | $200,688 | |
Project Costs | ($98,263) | |
Sale Costs | ($39,171) | |
Profit Amount | $63,254 | |
JV Partner Share (50.00%) | $31,627 | |
Remaining Share | $31,627 | |
ROI | 578.24% | |
ROR | 2312.95% | |
Unlevered ROI | 64.37% | |
Unlevered ROR | 257.49% |
Address | Dist | Beds | Baths | Sqft | Sold ($) | $/sqft | Sale date |
7505 South May Street | 0.057 miles | 3 | 2.0 | 2112 | $140,000 | $66 | 2019-03-12 |
7753 S May St | 0.29 miles | 3 | 2.0 | 1806 | $200,000 | $111 | 2019-01-28 |
7817 South Aberdeen Street | 0.34 miles | 6 | 2.0 | 1956 | $305,000 | $156 | 2019-07-08 |
Average: | $215,000 | $111 |
Avg of Adjusted Sales ARV | $215,000 | |
Subject Sqft | 1,808 | |
Adjusted $/sqft | $119 |
Avg of Sales ARV | $215,000 | |
Subject Sqft | 1,808 | |
Avg of Sales $/sqft | $119 |
Avg of Adjusted $/sqft | $111 | |
Subject Sqft | 1,808 | |
Calculated Adj. ARV | $200,688 |
Avg of Unadjusted $/sqft | $111 | |
Subject Sqft | 1,808 | |
Calculated ARV | $200,688 |
Basics | Subject | Comparable | Comparable | Comparable | ||||
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Address | 7528 S Aberdeen St, Chicago, IL 60620, USA | 7505 South May Street, Chicago, IL 60620, USA | 7753 S May St, Chicago, IL 60620, USA | 7817 South Aberdeen Street, Chicago, IL 60620, USA | ||||
Sold Date | 2010-11-08 | 2019-03-12 | 2019-01-28 | 2019-07-08 | ||||
Sold $ | $140,000 | $200,000 | $305,000 | |||||
Sqft | 1,808 | 2,112 | 1,806 | 1,956 | ||||
$/sqft | $0 | $66 | $111 | $156 | ||||
Features | Feature Values | Units | Units | Adjustment | Units | Adjustment | Units | Adjustment |
Bedrooms | $0 | 5.00 | 3.00 | $0 | 3.00 | $0 | 6.00 | $0 |
Bathrooms | $0 | 2.00 | 2.00 | $0 | 2.00 | $0 | 2.00 | $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 | 3,500.00 | 3,624.00 | $0 | 3,720.00 | $0 | 3,484.00 | $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 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Adjustment Subtotals | $0 | $0 | $0 | |||||
Adjusted $/sqft | $119 | $66 | $111 | $156 | ||||
Adjusted ARV $ | $215,000 | $140,000 | $200,000 | $305,000 | ||||
Notes |