Property Report :

2307 Ashley Ridge Ln, Sugar Land, TX 77498

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Real Estate Analysis

Created on: Apr 15, 2025

Author: Baby George

2307 Ashley Ridge Ln, Sugar Land, TX 77498

Investment strategy: Fix and Flip

Purchase Price$ 250,000

Rehab Estimate$ 20,000

Project Profit$ -32,800

After Repair Value$ 280,000

Investment Summary

After Repair Value	$ 280,000
Calculated Project Profit	$ -32,800
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.	96.43 %
Return on Investment	-11.16 %
Project Term	12 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).	$ 294,000
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 294,000

Project Cost Breakdown

Purchase Costs
Purchase Price	$ 250,000
Buying Costs	$ 0
Total	$ 250,000

Repair Costs
Repair Costs Lump Sum	$ 20,000
Total	$ 20,000

Holding Costs
Monthly Holding Costs	$ 2,000
Total Months Held	12
Total	$ 24,000

Selling Costs
Commissions (6%)	$ 16,800
Selling Costs	$ 2,000
Total	$ 18,800

Purchase Price	$ 250,000
Address	2307 Ashley Ridge Ln , Sugar Land, 77498, TX

Month	0	1	2	3	4	5	6	7	8	9	10	11	12
Purchase/Sale	$ -250,000												$ 280,000
Closing Costs													$ -18,800
Holding Costs		$ -2,000	$ -2,000	$ -2,000	$ -2,000	$ -2,000	$ -2,000	$ -2,000	$ -2,000	$ -2,000	$ -2,000	$ -2,000	$ -2,000
Rehab Draws		$ -3,333	$ -3,333	$ -3,333	$ -3,333	$ -3,333	$ -3,333
Cash Flow	$ -250,000	$ -5,333	$ -5,333	$ -5,333	$ -5,333	$ -5,333	$ -5,333	$ -2,000	$ -2,000	$ -2,000	$ -2,000	$ -2,000	$ 259,200

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