Indianapolis, IN


$ 215,000 - Fix & Flip

2.0 bd | 1.0 ba | 1,224 sqft | 1930 yr | $ 1,500 Rent

ARV
$215,000
Net Profit
$14,371
All-in Cost to ARV
85.55 %
Net ROI
7.81 %

Description

EAST LAWN L92


Fix & Flip Analysis

  • ARV: $215,000
  • Net Profit: $14,371
  • All-in Cost to ARV: 85.55 %

Financial Analysis

  • Loan Amnt: $ 131,250.00
  • All-in Cost: $ 183,922.40
  • Debt Coverage Ratio: 1.56 %
  • Total Out of Pocket: $ 52,672.40
  • Monthly Mortgage: $ 665.02

Expense Assumptions

  • Prop Insurance: $ 800.00
  • Annual Vacancy: $ 900
  • Prop Mgmt Fee: $ 1,710.00
  • Maintenance Cost: 855.00
  • Capex: $ 0

Financing Assumptions

  • Cash Purchase: No
  • Loan Term: 360 months
  • Down Payment: 25.00 %
  • Points: 1.00
  • Interest Rate: 4.50 %
  • Interest only loan: No

Other Assumptions

  • Closing Cost: $ 1,250
  • Rental Holding Period: 4.00


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