Commercial St: 47827 Commercial St, Oakridge OR 97463

47827 Commercial St, Oakridge, OR 97463

Singlefamily: 3 bedrooms , 1 bathroom

Year built: 1950, Size: 1216 SF

Investment strategy: Fix and Flip

Purchase Price$ 122,000

Rehab Estimate$ 75,000

Project Profit$ 24,106

After Repair Value$ 249,900

Investment Summary

After Repair Value	$ 249,900
Calculated Project Profit	$ 24,106
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.	78.83 %
Return on Investment	25.10 %
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).	$ 218,047
Financing	$ 122,000
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 96,047

Project Cost Breakdown

Purchase Costs
Purchase Price	$ 122,000
Buying Costs	$ 2,500
Total	$ 124,500

Repair Costs
Repair Costs Lump Sum	$ 75,000
Total	$ 75,000

Holding Costs
Monthly Holding Costs	$ 1,200
Monthly Loan Payments (interest)	$ 1,118
Total Months Held	8
Total	$ 18,547

Selling Costs
Commissions (2.5%)	$ 6,248
Selling Costs	$ 1,500
Total	$ 7,748

47827 Commercial St, Oakridge, OR 97463 is a single family home built in 1950. This property was last sold for $65,000 in 2011 and currently has an estimated value of $232,200. According to the Oakridge public records, the property at 47827 Commercial St, Oakridge, OR 97463 has approximately 1216 square feet, 2 beds and 1 baths. Nearby schools include Oakridge Junior High School, Oakridge Elementary School and Oakridge High School.

Purchase Price	$ 122,000
Address	47827 Commercial St , Oakridge, 97463, OR
Listing Agent	Sandy Price
Listing Broker	Town & Country, Realtors, Inc
Year Built	1950
Type	Singlefamily
Size	1216 SF
Bedrooms	3
Bathrooms	1

Property History

Date	Price	Change	Event
5/3/2011
1/21/2011
7/16/2003
1/1/2001
1/1/1999
8/16/1994
8/18/1992

47827 Commercial St Oakridge, OR 97463

$ 249,900

Property ARV
Singlefamily

Bldg type
1,216

SqFt
$ 206

per SqFt
3

Beds
1

Baths

#	Property address	Distance	Beds	Baths	SqFt	Bldg type	Date sold	Sale price	$/SqFt
1	47728 Portal Dr	0.3mi	3	1	927	single_family	10/21/2022	$ 256,000	$ 276
2	76572 Fir St	0.6mi	3	1	1,070	single_family	9/16/2022	$ 258,500	$ 242
3	76336 Willamette Way	0.6mi	3	1	1,137	single_family	12/21/2022	$ 240,000	$ 211
Average:								$ 251,500	$ 243

Financial Breakdown

Purchase Price	$ 122,000
Purchase Costs	$ 2,500
Repair Costs	$ 75,000
Holding Costs	$ 18,547
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 218,047
Financing	$ 122,000
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 96,047
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.	$ 96,047

Project Returns

Gross Rehab Profit	$ 24,106
Return on Investment	25.10 %
Annualized ROI	37.65 %
Internal Rate of Return	73.73 %

Timeline Assumptions

Rehab Period	5 months
Listing Period	3 months
Total Holding Period	8 months

Financing		% of ARV
Down Payment	$ 0	0.00 %
Private	$ 122,000	48.82 %

Private Financing of: Purchase price ($ 122,000)
Type	Interest-Only
Loan Amount	$ 122,000
Down payment (0%)	$ 0
Loan term	8 months
Interest Rate	11.00 %
Monthly Payment	$ 1,118.33

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 11.00% p.a.

Month	0	1	2	3	4	5	6	7	8
Purchase/Sale	$ -122,000								$ 249,900
Financing	$ 122,000								$ -122,000
Closing Costs	$ 2,500								$ -7,748
Holding Costs		$ -1,200	$ -1,200	$ -1,200	$ -1,200	$ -1,200	$ -1,200	$ -1,200	$ -1,200
Rehab Draws		$ -15,000	$ -15,000	$ -15,000	$ -15,000	$ -15,000
Loan Payment		$ -1,118	$ -1,118	$ -1,118	$ -1,118	$ -1,118	$ -1,118	$ -1,118	$ -1,118
Cash Flow	$ -2,500	$ -17,318	$ -17,318	$ -17,318	$ -17,318	$ -17,318	$ -2,318	$ -2,318	$ 117,834

Sale Proceeds Breakdown

After Repair Value	$ 249,900
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.	$ 7,748
Repair Costs	$ 75,000
Holding Costs (8 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.	$ 9,600
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.	$ 8,947
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.	$ 124,500
Net Rehab Profit	$ 24,106

Property Report: Commercial St FIX & FLIP

Property Report :

Commercial St

47827 Commercial St, Oakridge, OR 97463

Executive Summary

47827 Commercial St, Oakridge, OR 97463

Investment Summary

70% Rule

70% Rule

Financial Breakdown

Total Capital Needed

Total Capital Needed

Cash out of Pocket

Cash out of Pocket

Project Cost Breakdown

Property Description

Property History

Comparative Sales Analysis

$ 249,900

Property ARV

Singlefamily

Bldg type

1,216

SqFt

$ 206

per SqFt

3

Beds

1

Baths

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