Project Description
77 Poor Farm Rd, Pennington, NJ 08534
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY
Wholesale Price: $290,000.00
After Repair Value: $525,000.00
Projected Net Profit: $102,835.00
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| Investment Type | Cost |
| Wholesale price | $290,000.00 |
| Rehabilitation cost | $90,000.00 |
| Estimated closing costs | $7,975.00 |
| Estimated holding costs | $7,940.00 |
| Estimated selling costs (6% of ARV) | $26,250.00 |
| Total Initial Investment: | $422,165.00 |
| Net Profit Calculation | |
| Estimated After Repair Value | $525,000.00 |
| Total Estimated Investment | -422,165.00 |
| Projected Net Profit | $102,835.00 |
| Annualized Return (4 mos) | 72% |
| Annualized Return (6 mos) | 48% |
| Annualized Return (8 mos) | 36% |
| Annualized Return (12 mos) | 24% |
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY