Fix and Flip Project
1027 S Ithan St, Philadelphia, PA 19143, USA
Bedrooms: 3, Bathrooms: 1.0, Sqft: 992, Lot Size: 912, Year Built: 1925
Brought to you by:
Black Door Holdings LLC
(267) 978-2029, Text (267) 361-1319
blackdoorhomesolutions@gmail.com
Financial Summary
Project Costs
Purchase Price | $111,900 | |
Purchase Costs | $0 | |
Rehab Costs | $0 | |
Rehab Contingency () | $0 | |
Rehab Holding Costs | $0 | |
Total Project Costs | $111,900 | |
Financing | $0 | |
Cash out of Pocket | $111,900 |
Project Returns
Sales Price | $220,000 | |
Project Costs | ($111,900) | |
Sale Costs | $0 | |
Profit Amount | $108,100 | |
ROI | 96.60% | |
ROR | 0.00% | |
Unlevered ROI | 96.60% | |
Unlevered ROR | 0.00% |
Comps
| Address | Dist | Beds | Baths | Sqft | Sold ($) | $/sqft | Sale date |
| 5809 Fernwood St | 0.23 miles | 4 | 1.5 | 1300 | $225,000 | $173 | 2021-12-02 |
| South 55th Street | 0.21 miles | 4 | 1.5 | 1200 | $185,000 | $154 | 2022-02-28 |
| 5528 Whitby Ave | 0.2 miles | 3 | 2.5 | 1444 | $230,000 | $159 | 2022-02-17 |
| 5543 Elliott St | 0.11 miles | 3 | 2.5 | 1170 | $234,000 | $200 | 2021-12-30 |
| 1004 S 56th St | 0.039 miles | 3 | 2.5 | 1920 | $215,000 | $112 | 2021-11-18 |
| Average: | $217,800 | $160 | |||||
CMA Summary
By Average of Sales
Adjusted Comps
Avg of Adjusted Sales ARV | $217,800 | |
Subject Sqft | 992 | |
Adjusted $/sqft | $220 |
Unadjusted Comps
Avg of Sales ARV | $217,800 | |
Subject Sqft | 992 | |
Avg of Sales $/sqft | $220 |
By Average of $/Sqft
Adjusted Comps
Avg of Adjusted $/sqft | $160 | |
Subject Sqft | 992 | |
Calculated Adj. ARV | $158,323 |
Unadjusted Comps
Avg of Unadjusted $/sqft | $160 | |
Subject Sqft | 992 | |
Calculated ARV | $158,323 |
CMA Detail
| Basics | Subject | Comparable | Comparable | Comparable | Comparable | Comparable | ||||||
| Image Not Available | Image Not Available | Image Not Available | Image Not Available | Image Not Available | |||||||
| Address | 1027 S Ithan St, Philadelphia, PA 19143, USA | 5809 Fernwood St, Philadelphia, PA 19143, USA | S 55th St, Philadelphia, PA, USA | 5528 Whitby Ave, Philadelphia, PA 19143, USA | 5543 Elliott St, Philadelphia, PA 19143, USA | 1004 S 56th St, Philadelphia, PA 19143, USA | ||||||
| Sold Date | 2022-02-05 | 2021-12-02 | 2022-02-28 | 2022-02-17 | 2021-12-30 | 2021-11-18 | ||||||
| Sold $ | $66,000 | $225,000 | $185,000 | $230,000 | $234,000 | $215,000 | ||||||
| Sqft | 992 | 1,300 | 1,200 | 1,444 | 1,170 | 1,920 | ||||||
| $/sqft | $67 | $173 | $154 | $159 | $200 | $112 | ||||||
| Features | Feature Values | Units | Units | Adjustment | Units | Adjustment | Units | Adjustment | Units | Adjustment | Units | Adjustment |
Bedrooms | $0 | 3.00 | 4.00 | $0 | 4.00 | $0 | 3.00 | $0 | 3.00 | $0 | 3.00 | $0 |
Bathrooms | $0 | 1.00 | 1.50 | $0 | 1.50 | $0 | 2.50 | $0 | 2.50 | $0 | 2.50 | $0 |
Garage spaces | $0 | 0.00 | 0.00 | $0 | 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 | 0.00 | $0 |
Lot size sqft | $0 | 912.00 | 1,266.00 | $0 | 4,800.00 | $0 | 1,304.00 | $0 | 930.00 | $0 | 960.00 | $0 |
Basement sqft | $0 | 0.00 | 0.00 | $0 | 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 | 0.00 | $0 |
Has view | $0 | 1.00 | 1.00 | $0 | 0.00 | $0 | 1.00 | $0 | 1.00 | $0 | 1.00 | $0 |
| Adjustment Subtotals | $0 | $0 | $0 | $0 | $0 | |||||||
| Adjusted $/sqft | $220 | $173 | $154 | $159 | $200 | $112 | ||||||
| Adjusted ARV $ | $217,800 | $225,000 | $185,000 | $230,000 | $234,000 | $215,000 | ||||||
| Notes | ||||||||||||
Property Photos