Property Report :

530 N. Midland

530 North Midland Avenue, Nyack, NY 10960

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Real Estate Analysis

Created on: Apr 16, 2025

Author: Steve Sorota

530 North Midland Avenue, Nyack, NY 10960

Singlefamily: 3 bedrooms , 3 bathrooms

Year built: 1954, Size: 2105 SF

Investment strategy: Fix and Flip

Purchase Price$ 370,145

Rehab Estimate$ 90,000

Project Profit$ 93,215

After Repair Value$ 610,000

Investment Summary

After Repair Value	$ 610,000
Calculated Project Profit	$ 93,215
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.	75.43 %
Return on Investment	19.41 %
Project Term	12 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).	$ 480,185
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 480,185

Project Cost Breakdown

Purchase Costs
Purchase Price	$ 370,145
Buying Costs	$ 0
Total	$ 370,145

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

Holding Costs
Monthly Holding Costs	$ 1,670
Total Months Held	12
Total	$ 20,040

Selling Costs
Commissions (6%)	$ 36,600
Selling Costs	$ 0
Total	$ 36,600

Purchase Price	$ 370,145
Address	530 North Midland Avenue , Nyack, 10960, NY
Year Built	1954
Type	Singlefamily
Size	2105 SF
Bedrooms	3
Bathrooms	3

Month	0	1	2	3	4	5	6	7	8	9	10	11	12
Purchase/Sale	$ -370,145												$ 610,000
Closing Costs													$ -36,600
Holding Costs		$ -1,670	$ -1,670	$ -1,670	$ -1,670	$ -1,670	$ -1,670	$ -1,670	$ -1,670	$ -1,670	$ -1,670	$ -1,670	$ -1,670
Rehab Draws		$ -15,000	$ -15,000	$ -15,000	$ -15,000	$ -15,000	$ -15,000
Cash Flow	$ -370,145	$ -16,670	$ -16,670	$ -16,670	$ -16,670	$ -16,670	$ -16,670	$ -1,670	$ -1,670	$ -1,670	$ -1,670	$ -1,670	$ 571,730

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