Fix and Flip Project in STL 4 of 4
5641 Goodfellow Blvd, St. Louis, MO 63136, USA
Bedrooms: 2, Bathrooms: 1.0, Sqft: 864, Lot Size: 3631, Year Built: 1913
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 | $15,000 | |
Purchase Costs | $0 | |
Rehab Costs | $0 | |
Rehab Contingency () | $0 | |
Rehab Holding Costs | $25 | |
Total Project Costs | $15,025 | |
Financing | $0 | |
Cash out of Pocket | $15,025 | |
Rehab Project Length | 2 Month(s) |
Project Returns
Sales Price | $92,000 | |
Project Costs | ($15,025) | |
Sale Costs | $0 | |
Profit Amount | $76,975 | |
ROI | 512.31% | |
ROR | 3073.84% | |
Unlevered ROI | 512.31% | |
Unlevered ROR | 3073.84% |
Comps
| Address | Dist | Beds | Baths | Sqft | Sold ($) | $/sqft | Sale date |
| 6337 Lena Ave | 0.094 miles | 1 | 1.0 | 704 | $70,000 | $99 | 2024-05-16 |
| 6343 Lena Ave | 0.1 miles | 2 | 1.0 | 960 | $68,000 | $71 | 2024-08-15 |
| 11265 Jerries Ln | 4.8 miles | 3 | 1.5 | 1060 | $138,000 | $130 | 2025-03-14 |
| Average: | $92,000 | $100 | |||||
CMA Summary
By Average of Sales
Adjusted Comps
Avg of Adjusted Sales ARV | $92,000 | |
Subject Sqft | 864 | |
Adjusted $/sqft | $106 |
Unadjusted Comps
Avg of Sales ARV | $92,000 | |
Subject Sqft | 864 | |
Avg of Sales $/sqft | $106 |
By Average of $/Sqft
Adjusted Comps
Avg of Adjusted $/sqft | $100 | |
Subject Sqft | 864 | |
Calculated Adj. ARV | $86,400 |
Unadjusted Comps
Avg of Unadjusted $/sqft | $100 | |
Subject Sqft | 864 | |
Calculated ARV | $86,400 |
CMA Detail
| Basics | Subject | Comparable | Comparable | Comparable | ||||
|  |  | Image Not Available | |||||
| Address | 5641 Goodfellow Blvd, St. Louis, MO 63136, USA | 6337 Lena Ave, Jennings, MO 63136, USA | 6343 Lena Ave, St. Louis, MO 63136, USA | 11265 Jerries Ln, St. Louis, MO 63136, USA | ||||
| Sold Date | 2004-10-08 | 2024-05-16 | 2024-08-15 | 2025-03-14 | ||||
| Sold $ | $28,500 | $70,000 | $68,000 | $138,000 | ||||
| Sqft | 864 | 704 | 960 | 1,060 | ||||
| $/sqft | $33 | $99 | $71 | $130 | ||||
| Features | Feature Values | Units | Units | Adjustment | Units | Adjustment | Units | Adjustment |
Bedrooms | $0 | 2.00 | 1.00 | $0 | 2.00 | $0 | 3.00 | $0 |
Bathrooms | $0 | 1.00 | 1.00 | $0 | 1.00 | $0 | 1.50 | $0 |
Garage spaces | $0 | 0.00 | 0.00 | $0 | 1.00 | $0 | 0.00 | $0 |
Carport spaces | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Lot size sqft | $0 | 3,631.00 | 4,552.00 | $0 | 6,499.00 | $0 | 43,560.00 | $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 | $106 | $99 | $71 | $130 | ||||
| Adjusted ARV $ | $92,000 | $70,000 | $68,000 | $138,000 | ||||
| Notes | ||||||||
Property Photos