WS Deal: 1627 S 14th Ave, Maywood IL 60153

1627 S 14th Ave, Maywood, IL 60153

Singlefamily: 4 bedrooms , 1.5 bathrooms

Year built: 1925, Size: 1406 SF

Investment strategy: Wholesale deal offered to a flipper

Maximum Allowable Offer$ 65,450

Wholesale Fee$ 20,000

Flipper's Profit$ 35,000

Rehab Estimate$ 30,000

A-B Investment

Contract Price	$ 65,450
Wholesale Assignment Fee	$ 20,000
Wholesale Price	$ 85,450

B-C Investment

Purchase Price	$ 85,450
Closing Costs	$ 0
Rehab Estimate	$ 30,000
After Repair Value	$ 167,500
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 122,450
Flipper's Profit	$ 35,000
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.	68.93 %
Return on Investment	28.58 %
Project Term	10 months

Project Cost Breakdown

Purchase Costs
Purchase Price	$ 85,450
Buying Costs	$ 0
Total	$ 85,450

Repair Costs
Repair Costs Lump Sum	$ 30,000
Total	$ 30,000

Holding Costs
Monthly Holding Costs	$ 700
Total Months Held	10
Total	$ 7,000

Selling Costs
Commissions (6%)	$ 10,050
Selling Costs	$ 0
Total	$ 10,050

Purchase Price	$ 85,450
Address	1627 S 14th Ave , Maywood, 60153, IL
Year Built	1925
Type	Singlefamily
Size	1406 SF
Bedrooms	4
Bathrooms	1.5

Financial Breakdown

Purchase Price	$ 85,450
Purchase Costs	$ 0
Repair Costs	$ 30,000
Holding Costs	$ 7,000
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 122,450
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 122,450
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.	$ 122,450

Project Returns

Gross Rehab Profit	$ 35,000
Return on Investment	28.58 %
Annualized ROI	34.30 %
Internal Rate of Return	0.03 %

Timeline Assumptions

Rehab Period	4 months
Listing Period	6 months
Total Holding Period	10 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
Purchase/Sale	$ -120,450										$ 167,500
Closing Costs											$ -10,050
Holding Costs		$ -700	$ -700	$ -700	$ -700	$ -700	$ -700	$ -700	$ -700	$ -700	$ -700
Rehab Draws		$ -7,500	$ -7,500	$ -7,500	$ -7,500
Cash Flow	$ -120,450	$ -8,200	$ -8,200	$ -8,200	$ -8,200	$ -700	$ -700	$ -700	$ -700	$ -700	$ 156,750

Sale Proceeds Breakdown

After Repair Value	$ 167,500
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.	$ 10,050
Repair Costs	$ 30,000
Holding Costs (10 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.	$ 7,000
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.	$ 85,450
Net Rehab Profit	$ 35,000

Property Report :

WS Deal

1627 S 14th Ave, Maywood, IL 60153

Executive Summary

1627 S 14th Ave, Maywood, IL 60153

A-B Investment

B-C Investment

Total Capital Needed

Total Capital Needed

70% Rule

70% Rule

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: WS Deal WHOLESALE

Property Report :

WS Deal

1627 S 14th Ave, Maywood, IL 60153

Executive Summary

1627 S 14th Ave, Maywood, IL 60153

A-B Investment

B-C Investment

Total Capital Needed

Total Capital Needed

70% Rule

70% Rule

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