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PROFIT ANALYSIS SHEET
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Property Address
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City
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Retail
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Estimated Sales Price (ARV) $ 500,000.00 ARV
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Estimated Hold Time (months)3Fix and flip time frame
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CategoryCostsTotal
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BUYING
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Purchase Contract / Offer to Seller $ 385,000 $ 385,000.00 Purchase price
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Reinstatement/ Misc. $ - Costs to acquire ( sellers debt, acquisition fees, etc)
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Closing Costs / Title Ins.Calculated1.50% $ 5,775.00
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TOTAL ACQUISITION COST $ 390,775.00
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RENOVATION
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Repairs $ 20,000 $ 23,000.00 Kitchen, tile, pain, baseboards, carpet, cleaning, landscape
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Monthly Maintenance (Pool, Landscape, etc.)HOA $ 100 $ 300.00
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TOTAL RENOVATION COSTS $ 23,300.00
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HOLDING Loan Amt (LTC) 90% $ 346,500.00
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Payment Required (Hard Money %)11% $ 9,528.75 Percent offered from lender for our hard money loan
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Loan Arrangement and/or Points2.0% $ 6,930.00 Points required to be paid from our hard money lender
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Doc Fee$1,000.00 $ 1,000.00
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Property Taxes (annual) $ 1,352 $ 338.00
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Insurance (monthly) $100.00$300.00
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Utilities (monthly) $ 100 $ 300.00
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TOTAL HOLDING COSTS $ 18,396.75
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SELLING
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Staging/Marketing/Photos/Etc. $ 100 $ 100.00
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Closing Costs, Concessions, BINSR3.00% $ 15,000.00
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Fee for Borrowing private funds
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Sales Commission - Listing Agent1.00% $ 5,000.00
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Sales Commission - Buyers Agent0.025 $ 12,500.00
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TOTAL SELLING COSTS $ 32,600.00
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TOTAL PURCHASE, RENOVATION, HOLDING & SALES COSTS
$ 465,071.75
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Reno $ -
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Buyer $ -
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WHOLESALE FEE
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TOTAL ESTIMATED PROFIT $ 34,928.25
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Down Payment $ 38,500.00
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Cash Requirements $ 86,071.75 All cash cost associated with purchase, reno and holding
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ROI BASED OFF CASH41%
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ROI BASED OFF ARV7%
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