Project Description
179 Weber Ave, Ewing, NJ 08638
Call (609) 256-6111
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INQUIRE ABOUT THIS PROPERTY
Wholesale Price: $80,000.00
Option #1: Passive Income Rental
Yearly Net Cash Flow: $10,387.00
Cap Rate: 11.27%
Option #2: Fix & Flip
After Repair Value: $165,000.00
Projected Net Profit: $45,159.00
OPTION #1: PASSIVE INCOME RENTAL
| Investment Type | Cost |
| Wholesale price | $80,000.00 |
| Rehabilitation cost | $10,000.00 |
| Estimated closing costs | $2,200.00 |
| Total Initial Investment: | $92,200.00 |
| Rental Cash Flow (Yearly) | Cap Rate: 11.27% |
| Rental Income @ $1,600/mo | $19,200.00 |
| Vacancy/Maintenance (1 month rent) | -$1,600.00 |
| Utilities (Water Bill) | Tenant Pays |
| Accounting | -$125.00 |
| Landscaping | -$150.00 |
| Leasing commissions (1 month rent every 5 years) | -$320.00 |
| Estimated Insurance | -$800.00 |
| Estimated Taxes | -$4,282.00 |
| Property Management Fee’s (8%) | -$1,536.00 |
| *8% applies if we are managing a portfolio of 2 or more of your properties. Standard rate is 10%. | |
| Total Yearly NOI: | $10,387.00 |
Call (609) 256-6111
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INQUIRE ABOUT THIS PROPERTY
OPTION #2: FIX & FLIP
| Investment Type | Cost |
| Wholesale price | $80,000.00 |
| Rehabilitation cost | $25,000.00 |
| Estimated closing costs | $2,200.00 |
| Estimated holding costs | $2,741.00 |
| Estimated selling costs (6% of ARV) | $9,900.00 |
| Total Initial Investment: | $119,841.00 |
| Net Profit Calculation | |
| Estimated After Repair Value | $165,000.00 |
| Total Estimated Investment | -119,841.00 |
| Projected Net Profit | $45,159.00 |
| Annualized Return (4 mos) | 113.04% |
| Annualized Return (6 mos) | 75.36% |
| Annualized Return (8 mos) | 56.52% |
| Annualized Return (12 mos) | 37.68% |
Call (609) 256-6111
– OR –
INQUIRE ABOUT THIS PROPERTY