Property Report :

2409 Cooper Ave, Colorado springs, CO 80907

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Real Estate Analysis

Created on: Apr 15, 2025

Author: willa lott

2409 Cooper Ave, Colorado springs, CO 80907

Singlefamily: 5 rooms: 3 bedrooms , 1.5 bathrooms

Year built: 1965, Size: 995 SF

Investment strategy: Fix and Flip

Purchase Price$ 128,000

Rehab Estimate$ 35,000

Project Profit$ 67,000

After Repair Value$ 260,000

Investment Summary

After Repair Value	$ 260,000
Calculated Project Profit	$ 67,000
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.	62.69 %
Return on Investment	37.51 %
Project Term	8 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).	$ 178,600
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 178,600

Project Cost Breakdown

Purchase Costs
Purchase Price	$ 128,000
Buying Costs	$ 6,000
Total	$ 134,000

Repair Costs
Repair Costs Lump Sum	$ 35,000
Total	$ 35,000

Holding Costs
Monthly Holding Costs	$ 1,200
Total Months Held	8
Total	$ 9,600

Selling Costs
Commissions (4%)	$ 10,400
Selling Costs	$ 4,000
Total	$ 14,400

Purchase Price	$ 128,000
Address	2409 Cooper Ave , Colorado springs, 80907, CO
Year Built	1965
Type	Singlefamily
Size	995 SF
Bedrooms	3
Bathrooms	1.5
Rooms Total	5

Month	0	1	2	3	4	5	6	7	8
Purchase/Sale	$ -128,000								$ 260,000
Closing Costs	$ 6,000								$ -14,400
Holding Costs		$ -1,200	$ -1,200	$ -1,200	$ -1,200	$ -1,200	$ -1,200	$ -1,200	$ -1,200
Rehab Draws		$ -17,500	$ -17,500
Cash Flow	$ -134,000	$ -18,700	$ -18,700	$ -1,200	$ -1,200	$ -1,200	$ -1,200	$ -1,200	$ 244,400

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