Property Report :

Test Report

3832 N 14th Ave, Phoenix, AZ 85013

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Real Estate Analysis

Created on: Apr 14, 2025

Author: Tim Loree

3832 N 14th Ave, Phoenix, AZ 85013

Singlefamily:

Investment strategy: Fix and Flip

Purchase Price$ 500,000

Rehab Estimate$ 55,000

Project Profit$ 34,050

After Repair Value$ 670,000

Investment Summary

After Repair Value	$ 670,000
Calculated Project Profit	$ 34,050
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.	82.84 %
Return on Investment	23.36 %
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).	$ 595,750
Financing	$ 450,000
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 145,750

Project Cost Breakdown

Purchase Costs
Purchase Price	$ 500,000
Buying Costs	$ 0
Loan Costs & Points	$ 6,750
Total	$ 506,750

Repair Costs
Repair Costs Lump Sum	$ 55,000
Total	$ 55,000

Holding Costs
Monthly Holding Costs	$ 500
Monthly Loan Payments (interest)	$ 3,750
Total Months Held	8
Total	$ 34,000

Selling Costs
Commissions (6%)	$ 40,200
Selling Costs	$ 0
Total	$ 40,200

Purchase Price	$ 500,000
Address	3832 N 14th Ave , Phoenix, 85013, AZ
Type	Singlefamily

Month	0	1	2	3	4	5	6	7	8
Purchase/Sale	$ -500,000								$ 670,000
Financing	$ 450,000								$ -450,000
Closing Costs	$ 6,750								$ -40,200
Holding Costs		$ -500	$ -500	$ -500	$ -500	$ -500	$ -500	$ -500	$ -500
Rehab Draws		$ -11,000	$ -11,000	$ -11,000	$ -11,000	$ -11,000
Loan Payment		$ -3,750	$ -3,750	$ -3,750	$ -3,750	$ -3,750	$ -3,750	$ -3,750	$ -3,750
Cash Flow	$ -56,750	$ -15,250	$ -15,250	$ -15,250	$ -15,250	$ -15,250	$ -4,250	$ -4,250	$ 175,550

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