MONONGAHELA: 7036 Monongahela Dr, Cincinnati OH 45244

7036 Monongahela Dr, Cincinnati, OH 45244

Singlefamily:

Investment strategy: Fix and Flip

Purchase Price$ 160,000

Rehab Estimate$ 55,500

Project Profit$ 28,180

After Repair Value$ 262,000

Investment Summary

After Repair Value	$ 262,000
Calculated Project Profit	$ 28,180
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.	82.25 %
Return on Investment	48.50 %
Project Term	4 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).	$ 218,100
Financing	$ 160,000
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 58,100

Project Cost Breakdown

Purchase Costs
Purchase Price	$ 160,000
Buying Costs	$ 600
Total	$ 160,600

Repair Costs
Repair Costs Lump Sum	$ 55,500
Total	$ 55,500

Holding Costs
Monthly Holding Costs	$ 500
Total Months Held	4
Total	$ 2,000

Selling Costs
Commissions (6%)	$ 15,720
Selling Costs	$ 0
Total	$ 15,720

Nearby schools include Nagel Middle School, Mercer Elementary School and Turpin High School.

Purchase Price	$ 160,000
Address	7036 Monongahela Dr , Cincinnati, 45244, OH
Type	Singlefamily

Financial Breakdown

Purchase Price	$ 160,000
Purchase Costs	$ 600
Repair Costs	$ 55,500
Holding Costs	$ 2,000
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 218,100
Financing	$ 160,000
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 58,100
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.	$ 58,100

Project Returns

Gross Rehab Profit	$ 28,180
Return on Investment	48.50 %
Annualized ROI	145.50 %
Internal Rate of Return	562.50 %

Timeline Assumptions

Rehab Period	2 months
Listing Period	2 months
Total Holding Period	4 months

Financing		% of ARV
Down Payment	$ 0	0.00 %
1. Loan	$ 160,000	61.07 %
2. Loan	$ 0	0.00 %

1. Loan Financing of: Purchase price ($ 160,000)
Type	Interest-Only
Loan Amount	$ 160,000
Down payment (0%)	$ 0
Loan term	4 months
Interest Rate	0.00 %
Monthly Payment	$ 0.00

2. Loan Financing of:
Type	Interest-Only
Loan Amount	$ 0
Down payment (0%)	$ 0
Loan term	4 months
Interest Rate	0.00 %
Monthly Payment	$ 0.00

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 0.00% p.a.

Month	0	1	2	3	4
Purchase/Sale	$ -160,000				$ 262,000
Financing	$ 160,000				$ -160,000
Closing Costs	$ 600				$ -15,720
Holding Costs		$ -500	$ -500	$ -500	$ -500
Rehab Draws		$ -27,750	$ -27,750
Cash Flow	$ -600	$ -28,250	$ -28,250	$ -500	$ 85,780

Sale Proceeds Breakdown

After Repair Value	$ 262,000
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.	$ 15,720
Repair Costs	$ 55,500
Holding Costs (4 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.	$ 2,000
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.	$ 160,600
Net Rehab Profit	$ 28,180

Property Report :

MONONGAHELA

7036 Monongahela Dr, Cincinnati, OH 45244

Executive Summary

7036 Monongahela Dr, Cincinnati, OH 45244

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

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

Property Report: MONONGAHELA FIX & FLIP

Property Report :

MONONGAHELA

7036 Monongahela Dr, Cincinnati, OH 45244

Executive Summary

7036 Monongahela Dr, Cincinnati, OH 45244

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

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