Property Report :

138 Williams Ave, Kelso, WA 98626

Powered by

Real Estate Analysis

Created on: Apr 15, 2025

Author: Phillip Garcia

138 Williams Ave, Kelso, WA 98626

Singlefamily: 4 bedrooms , 1 bathroom

Year built: 1927, Size: 1710 SF

Investment strategy: Fix and Flip

Maximum Allowable Offer$ 151,600

Rehab Estimate$ 50,000

Project Profit$ 10,000

After Repair Value$ 250,000

Investment Summary

After Repair Value	$ 250,000
Project Profit	$ 10,000
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.	80.64 %
Return on Investment	4.52 %
Project Term	6 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).	$ 221,000
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 221,000

Project Cost Breakdown

Purchase Costs
Purchase Price	$ 151,600
Buying Costs	$ 1,400
Total	$ 153,000

Repair Costs
Repair Costs Lump Sum	$ 50,000
Total	$ 50,000

Holding Costs
Monthly Holding Costs	$ 3,000
Total Months Held	6
Total	$ 18,000

Selling Costs
Commissions (6%)	$ 15,000
Selling Costs	$ 4,000
Total	$ 19,000

Purchase Price	$ 151,600
Address	138 Williams Ave , Kelso, 98626, WA
Year Built	1927
Type	Singlefamily
Size	1710 SF
Bedrooms	4
Bathrooms	1

Month	0	1	2	3	4	5	6
Purchase/Sale							$ 250,000
Closing Costs	$ 1,400						$ -19,000
Holding Costs		$ -3,000	$ -3,000	$ -3,000	$ -3,000	$ -3,000	$ -3,000
Rehab Draws		$ -12,500	$ -12,500	$ -12,500	$ -12,500
Cash Flow	$ -1,400	$ -15,500	$ -15,500	$ -15,500	$ -15,500	$ -3,000	$ 228,000

Sign in to edit this report, add or compare properties. Don't have an acount? Sign up now!

BESbswy