3312 Birchwood Dr, Hazel Crest IL 60429

3312 Birchwood Dr, Hazel Crest, IL 60429

Singlefamily: 4 bedrooms , 2 bathrooms

Year built: 1970, Size: 1344 SF

Investment strategy: Fix and Flip

Maximum Allowable Offer$ 117,885

Rehab Estimate$ 90,000

Project Profit$ 50,000

After Repair Value$ 275,000

Investment Summary

After Repair Value	$ 275,000
Project Profit	$ 50,000
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.	75.59 %
Return on Investment	23.22 %
Project Term	4 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).	$ 215,345
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 215,345

Project Cost Breakdown

Purchase Costs
Purchase Price	$ 117,885
Buying Costs	$ 4,000
Total	$ 121,885

Repair Costs
Repair Costs Lump Sum	$ 90,000
Total	$ 90,000

Holding Costs
Monthly Holding Costs	$ 865
Total Months Held	4
Total	$ 3,460

Selling Costs
Commissions (3.5%)	$ 9,625
Selling Costs	$ 30
Total	$ 9,655

Exciting opportunity! This frame split level offers 4 bedrooms, 2 full baths and a 2-car attached garage. This property is waiting for the right owner to unlock its full potential and turn it into a stunning home. Conveniently located near shopping, restaurants and recreation, this home is ideal for a first-time buyer ready to transform it into a fabulous living space or an investor looking to add to their rental portfolio.

Purchase Price	$ 117,885
Address	3312 Birchwood Dr , Hazel Crest, 60429, IL
MLS^® #	12282555
Listing Agent	DANIEL ROBINSON
Year Built	1970
Type	Singlefamily
Size	1344 SF
Bedrooms	4
Bathrooms	2

Property History

Date	Price	Event
2/2/2025	139900	Listed
8/22/2004	145000	Sold
7/13/1995	98000	Sold

Financial Breakdown

Purchase Price	$ 117,885
Purchase Costs	$ 4,000
Repair Costs	$ 90,000
Holding Costs	$ 3,460
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 215,345
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 215,345
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.	$ 215,345

Project Returns

Gross Rehab Profit	$ 50,000
Return on Investment	23.22 %
Annualized ROI	69.66 %
Internal Rate of Return	78.61 %

Timeline Assumptions

Rehab Period	2 months
Listing Period	2 months
Total Holding Period	4 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
Purchase/Sale	$ -127,885				$ 275,000
Closing Costs	$ 4,000				$ -9,655
Holding Costs		$ -865	$ -865	$ -865	$ -865
Rehab Draws		$ -45,000	$ -45,000
Cash Flow	$ -131,885	$ -45,865	$ -45,865	$ -865	$ 264,480

Sale Proceeds Breakdown

After Repair Value	$ 275,000
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.	$ 9,655
Repair Costs	$ 90,000
Holding Costs (4 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.	$ 3,460
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.	$ 121,885
Net Rehab Profit	$ 50,000

Property Report :

3312 Birchwood Dr, Hazel Crest, IL 60429

Executive Summary