Property Report :

Oceanna Investors Fix and Flip #1

San Diego Ave, San Diego, CA unknown

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Real Estate Analysis

Created on: Apr 14, 2025

Author: Eve Pr

San Diego Ave, San Diego, CA unknown

Singlefamily:

Investment strategy: Fix and Flip

Purchase Price$ 350,000

Rehab Estimate$ 10,000

Project Profit$ 81,362

After Repair Value$ 500,000

Investment Summary

After Repair Value	$ 500,000
Calculated Project Profit	$ 81,362
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.	72.00 %
Return on Investment	185.38 %
Project Term	3 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).	$ 381,638
Financing	$ 337,750
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 43,888

Project Cost Breakdown

Purchase Costs
Purchase Price	$ 350,000
Buying Costs	$ 3,500
Loan Costs & Points	$ 11,133
Total	$ 364,633

Repair Costs
Repair Costs Lump Sum	$ 10,000
Total	$ 10,000

Holding Costs
Monthly Holding Costs	$ 1,350
Monthly Loan Payments (interest)	$ 985
Total Months Held	3
Total	$ 7,005

Selling Costs
Commissions (6%)	$ 30,000
Selling Costs	$ 7,000
Total	$ 37,000

Purchase Price	$ 350,000
Address	San Diego Ave , San Diego, unknown, CA
Type	Singlefamily

Month	0	1	2	3
Purchase/Sale	$ -350,000			$ 500,000
Financing	$ 337,750			$ -337,750
Closing Costs	$ 14,633			$ -37,000
Holding Costs		$ -1,350	$ -1,350	$ -1,350
Rehab Draws		$ -5,000	$ -5,000
Loan Payment		$ -985	$ -985	$ -985
Cash Flow	$ -26,883	$ -7,335	$ -7,335	$ 122,915

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