University City, MO


$ 435,000 - Fix & Flip

3.0 bd | 2.5 ba | 2,436 sqft | 1965 yr | $ 2,800 Rent

ARV
$435,000
Net Profit
$40,261
All-in Cost to ARV
83.81 %
Net ROI
11.04 %

Description

Fabulous brick ranch in highly sought after pocket of University City on partially finished basement. Fantastic flip numbers to make huge returns or a desirable AirBnB. Looking for partners who want to make half profits actively learning together on this project.


Fix & Flip Analysis

  • ARV: $435,000
  • Net Profit: $40,261
  • All-in Cost to ARV: 83.81 %

Financial Analysis

  • Loan Amnt: $ 258,750.00
  • All-in Cost: $ 364,558.74
  • Debt Coverage Ratio: 1.15 %
  • Total Out of Pocket: $ 105,808.74
  • Monthly Mortgage: $ 1,635.48

Expense Assumptions

  • Prop Insurance: $ 800.00
  • Annual Vacancy: $ 1,680
  • Prop Mgmt Fee: $ 3,192.00
  • Maintenance Cost: 1596.00
  • Capex: $ 0

Financing Assumptions

  • Cash Purchase: No
  • Loan Term: 360 months
  • Down Payment: 25.00 %
  • Points: 1.00
  • Interest Rate: 6.50 %
  • Interest only loan: No

Other Assumptions

  • Closing Cost: $ 2,950
  • Rental Holding Period: 4.00


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