Property Report: 5203 E 18th St, Tucson FIX & FLIP

Property Report :

5203 E 18th St, Tucson, AZ 85711

Created on: Apr 15, 2025

Author: Alexander Prewitt

5203 E 18th St, Tucson, AZ 85711

Singlefamily: 9 rooms: , 2 bathrooms

Year built: 1960, Size: 2983 SF

Investment strategy: Fix and Flip

Maximum Allowable Offer$ 203,464
Rehab Estimate$ 60,000
Project Profit$ 35,000
After Repair Value$ 329,900

Investment Summary

After Repair Value $ 329,900
Project Profit $ 35,000
70% Rule
79.86 %
Return on Investment 45.04 %
Project Term 5 months

Financial Breakdown

Total Capital Needed
$ 281,704
Financing $ 204,000
Total Cash Needed
$ 77,704

Project Cost Breakdown

Purchase Costs
Purchase Price $ 203,464
Buying Costs $ 4,000
Loan Costs & Points $ 2,040
Total $ 209,504
Repair Costs
Repair Costs Lump Sum $ 60,000
Total $ 60,000
Holding Costs
Monthly Holding Costs $ 400
Monthly Loan Payments (interest) $ 2,040
Total Months Held 5
Total $ 12,200
Selling Costs
Commissions (4%) $ 13,196
Selling Costs $ 0
Total $ 13,196
Purchase Price $ 203,464
Address 5203 E 18th St , Tucson, 85711, AZ
Year Built 1960
Type Singlefamily
Size 2983 SF
Bathrooms 2
Rooms Total 9
5203 E 18th St Tucson, AZ 85711
  • $ 329,900

    Property ARV
  • Singlefamily

    Bldg type
  • 2,983

    SqFt
  • $ 111

    per SqFt
  • 2

    Baths

It wasn't possible to load comps automatically for this address. You can add them manually below. Click here to see automatically selected comps on Redfin®

Filter properties
 
Property address Similarity Distance Beds Baths SqFt Bldg type Date sold Sale price $/SqFt Notes Edit
Average: $ 0 $ 0 /SqFt
Estimated ARV:
$ 0

Comps selected: 0

Financial Breakdown

Purchase Price $ 203,464
Purchase Costs $ 6,040
Repair Costs $ 60,000
Holding Costs $ 12,200
Total Capital Needed
$ 281,704
Financing $ 204,000
Total Cash Needed
$ 77,704
Cash at Closing
$ 2,040
Cash During Flip
$ 75,664

Project Returns

Gross Rehab Profit $ 35,000
Return on Investment 45.04 %
Annualized ROI 108.10 %
Internal Rate of Return 330.08 %

Timeline Assumptions

Rehab Period 3 months
Listing Period 2 months
Total Holding Period 5 months
Financing % of ARV
Down Payment $ 0 0.00 %
Loan $ 204,000 61.84 %
Loan

Financing of: Specific amount ($ 204,000)

Type Interest-Only
Loan Amount $ 204,000
Down payment (0%) $ 0
Loan term 5 months
Interest Rate 12.00 %
Monthly Payment $ 2,040.00

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 012345
Purchase/Sale $ -203,464 $ 329,900
Financing $ 204,000 $ -204,000
Closing Costs $ 6,040 $ -13,196
Holding Costs $ -400 $ -400 $ -400 $ -400 $ -400
Rehab Draws $ -20,000 $ -20,000 $ -20,000
Loan Payment $ -2,040 $ -2,040 $ -2,040 $ -2,040 $ -2,040
Cash Flow $ -5,504 $ -22,440 $ -22,440 $ -22,440 $ -2,440 $ 110,264

Sale Proceeds Breakdown

After Repair Value $ 329,900
Cost of Sale
$ 13,196
Repair Costs $ 60,000
Holding Costs (5 months)
$ 2,000
Financing Costs
$ 12,240
Purchase
$ 207,464
Net Rehab Profit $ 35,000

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