665 June St, Cincinnati OH 45206

665 June St, Cincinnati, OH 45206

Singlefamily: 5 bedrooms , 3 bathrooms

Year built: 1890, Size: 3001 SF

Investment strategy: Fix and Flip

Purchase Price$ 260,000

Rehab Estimate$ 60,000

Project Profit$ 69,300

After Repair Value$ 415,000

Investment Summary

After Repair Value	$ 415,000
Calculated Project Profit	$ 69,300
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.	77.11 %
Return on Investment	21.60 %
Project Term	0 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).	$ 320,800
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 320,800

Project Cost Breakdown

Purchase Costs
Purchase Price	$ 260,000
Buying Costs	$ 800
Total	$ 260,800

Repair Costs
Repair Costs Lump Sum	$ 60,000
Total	$ 60,000

Holding Costs
Monthly Holding Costs	$ 0
Total Months Held	0
Total	$ 0

Selling Costs
Commissions (6%)	$ 24,900
Selling Costs	$ 0
Total	$ 24,900

665 June St, Cincinnati, OH 45206 is a single family home built in 1890. This property was last sold for $100,000 in 2021 and currently has an estimated value of $373,800. According to the Cincinnati public records, the property at 665 June St, Cincinnati, OH 45206 has approximately 3001 square feet, 5 beds, 2 full and 2 half baths with a lot size of 4,400 square feet. Nearby schools include Frederick Douglass Elementary School.

Purchase Price	$ 260,000
Address	665 June St , Cincinnati, 45206, OH
Listing Agent	Denise Guiducci
Listing Broker	Coldwell Banker Realty
Year Built	1890
Type	Singlefamily
Size	3001 SF
Bedrooms	5
Bathrooms	3

Property History

Date	Price	Change	Event
5/16/2022
5/7/2022
4/1/2021
3/11/2021
1/29/2021
12/10/2020
10/22/2020
9/30/2020
9/17/2020
1/1/1982

Financial Breakdown

Purchase Price	$ 260,000
Purchase Costs	$ 800
Repair Costs	$ 60,000
Holding Costs	$ 0
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 320,800
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 320,800
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.	$ 320,800

Project Returns

Gross Rehab Profit	$ 69,300
Return on Investment	21.60 %
Annualized ROI	0.00 %
Internal Rate of Return	N/A

Timeline Assumptions

Rehab Period	months
Listing Period	months
Total Holding Period	0 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
Purchase/Sale	$ 415,000
Closing Costs	$ -24,900
Holding Costs
Rehab Draws
Cash Flow	$ -260,800

Sale Proceeds Breakdown

After Repair Value	$ 415,000
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.	$ 24,900
Repair Costs	$ 60,000
Holding Costs (0 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.	$ 0
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.	$ 260,800
Net Rehab Profit	$ 69,300

Property Report :

665 June St, Cincinnati, OH 45206

Executive Summary