Andrew Ave, Encinitas CA 92024

Andrew Ave, Encinitas, CA 92024

Investment strategy: Fix and Flip

Purchase Price$ 10,500,000

Rehab Estimate$ 12,000,000

Project Profit$ 5,944,500

After Repair Value$ 30,000,000

Investment Summary

After Repair Value	$ 30,000,000
Calculated Project Profit	$ 5,944,500
70% Rule 70% Rule Widely accepted ratio among rehabbers used as a barometer for purchasing a rehab property: Purchase price with repair costs should not exceed 70% of ARV. 70% Rule Widely accepted ratio among rehabbers used as a barometer for purchasing a rehab property: Purchase price with repair costs should not exceed 70% of ARV.	75.00 %
Return on Investment	26.35 %
Project Term	37 months

Financial Breakdown

Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 22,555,500
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 22,555,500

Project Cost Breakdown

Purchase Costs
Purchase Price	$ 10,500,000
Buying Costs	$ 0
Total	$ 10,500,000

Repair Costs
Repair Costs Lump Sum	$ 12,000,000
Total	$ 12,000,000

Holding Costs
Monthly Holding Costs	$ 1,500
Total Months Held	37
Total	$ 55,500

Selling Costs
Commissions (5%)	$ 1,500,000
Selling Costs	$ 0
Total	$ 1,500,000

Purchase Price	$ 10,500,000
Address	Andrew Ave , Encinitas, 92024, CA

Financial Breakdown

Purchase Price	$ 10,500,000
Purchase Costs	$ 0
Repair Costs	$ 12,000,000
Holding Costs	$ 55,500
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 22,555,500
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 22,555,500
Cash at Closing Cash at Closing This number includes down payment and loan points. Cash at Closing This number includes down payment and loan points.	$ 0
Cash During Flip Cash During Flip Shows the cash amount remaining to fund the Flip. Cash During Flip Shows the cash amount remaining to fund the Flip.	$ 22,555,500

Project Returns

Gross Rehab Profit	$ 5,944,500
Return on Investment	26.35 %
Annualized ROI	8.55 %
Internal Rate of Return	10.67 %

Timeline Assumptions

Rehab Period	36 months
Listing Period	1 months
Total Holding Period	37 months

There is no financing selected in this deal.

This charts shows the influence of leverage on Return on Investment (ROI). Purchase price is considered as the Value in the LTV ratio here. The calculation considers all buying, holding, repair and selling costs, purchase price, ARV and an interest-only loan with rate of 12.00% p.a.

Month	0	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18	19	20	21	22	23	24	25	26	27	28	29	30	31	32	33	34	35	36	37
Purchase/Sale	$ -10,500,000																																					$ 30,000,000
Closing Costs																																						$ -1,500,000
Holding Costs		$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500	$ -1,500
Rehab Draws		$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333	$ -333,333
Cash Flow	$ -10,500,000	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ -334,833	$ 28,498,500

Sale Proceeds Breakdown

After Repair Value	$ 30,000,000
Cost of Sale Cost of Sale This includes agent commission and costs such as marketing, home warranty, attorney charges, title/escrow fees and other. Cost of Sale This includes agent commission and costs such as marketing, home warranty, attorney charges, title/escrow fees and other.	$ 1,500,000
Repair Costs	$ 12,000,000
Holding Costs (37 months) Holding Costs This includes costs such as utilities, maintenance, insurance, HOA dues, but loan interest is not included. Holding Costs This includes costs such as utilities, maintenance, insurance, HOA dues, but loan interest is not included.	$ 55,500
Financing Costs Financing This amount sums interest paid on any loans and capital partner funds plus loan points and costs. Financing This amount sums interest paid on any loans and capital partner funds plus loan points and costs.	$ 0
Purchase Purchase incl. Costs Sums up the purchase price and all associated closing costs, such as title/escrow fees, attorney fees, inspections, appraisal etc. Purchase incl. Costs Sums up the purchase price and all associated closing costs, such as title/escrow fees, attorney fees, inspections, appraisal etc.	$ 10,500,000
Net Rehab Profit	$ 5,944,500

Property Report :

Andrew Ave, Encinitas, CA 92024

Executive Summary

Andrew Ave, Encinitas, CA 92024

Investment Summary

70% Rule

70% Rule

Financial Breakdown

Total Capital Needed

Total Capital Needed

Cash out of Pocket

Cash out of Pocket

Project Cost Breakdown

Property Description

Financial Analysis

Financial Breakdown

Total Capital Needed

Total Capital Needed

Cash out of Pocket

Cash out of Pocket

Cash at Closing

Cash at Closing

Cash During Flip

Cash During Flip

Project Returns

Timeline Assumptions

Financing Overview

Cash Flow Forecast

Resale Analysis

Sale Proceeds Breakdown

Cost of Sale

Cost of Sale

Holding Costs

Holding Costs

Financing

Financing

Purchase incl. Costs

Purchase incl. Costs

Photos

Property Report: Andrew Ave, Encinitas FIX & FLIP

Property Report :

Andrew Ave, Encinitas, CA 92024

Executive Summary

Andrew Ave, Encinitas, CA 92024

Investment Summary

70% Rule

70% Rule

Financial Breakdown

Total Capital Needed

Total Capital Needed

Cash out of Pocket

Cash out of Pocket

Project Cost Breakdown

Property Description

Financial Analysis

Financial Breakdown

Total Capital Needed

Total Capital Needed

Cash out of Pocket

Cash out of Pocket

Cash at Closing

Cash at Closing

Cash During Flip

Cash During Flip

Project Returns

Timeline Assumptions

Financing Overview

Cash Flow Forecast

Resale Analysis

Sale Proceeds Breakdown

Cost of Sale

Cost of Sale

Holding Costs

Holding Costs

Financing

Financing

Purchase incl. Costs

Purchase incl. Costs

Photos