The
following is a sample deal, but some information has been
suppressed. The following outline will show you the due diligence we go
through for every deal and the information we provide you. Actual numbers
will vary by property type, area, and market conditions.
InvestmentInRealty.com
<< Return to Projects Page
Project <property address>
Last Updated: <date>
For your information only. Do not share or
forward this information.
Page Navigation:
Property Information:
NOTE: Information is deemed accurate, but
not warranted.
|
Project Status: |
CLOSED |
|
Address: |
<number, street, city, state, zip> |
|
Property Type: |
Detached single-family home |
|
Description: |
4bd/2.5ba, 1,598 sq. ft., no basement |
|
Image(s): |
 |
|
Asking Price: |
$149,900 |
|
Estimated Repair Costs: |
$9,150 |
|
Purchase Date: |
<date> |
|
Purchase Price: |
$135,500 |
|
Closing Costs: |
$1,230 |
|
Market Value: |
$170,000 |
| |
|
|
Actual Repair Costs: |
$7,468 |
|
Sale Date: |
<date> |
|
Holding Costs: |
$1,886 |
|
Marketing Costs: |
$580 |
|
Sale Price: |
$168,500 |
|
Proceeds: |
$21,836 |
^top
Projected Costs/Proceeds:
<Click Here to view the property repair sheet>
|
Costs To Consider: |
|
Cost Description |
Estimated Costs |
|
Newspaper Ads |
$<0> |
|
Internet Marketing |
$<0> per listing (multiple web sites) |
|
Termite Bond |
$<0> per home -- one year of service checks |
|
Home Warranty (rental and L/P only) |
$<0> per year |
|
Yard Signs/Info Pak |
$<0> per home |
|
Lockbox/Keys |
$<0> per home |
|
Utility Bills (during vacancy) |
$<0> per month (average) |
|
Credit & Background Checks (rental and L/P only) |
$<0> per applicant |
|
Homeowner's Association (rental and L/P only) |
$<0> |
|
Insurance |
$<0> per year (general liability insurance will be used for buy/sale
properties) |
|
Property Taxes |
+/- $<0> per year |
|
Lawn/Property Maintenance (during vacancy) |
Handled by Asset Development Company |
|
Home Inspection |
$<0> per home |
|
Monthly rent credit (L/P only) |
$<0> per month |
|
Estimated vacancy timeframe |
2 to 6 months (average is 3 months) |
|
Estimated Proceeds
(Lease Purchase Exit Strategy): |
|
Proceed Description |
Estimated Proceeds |
|
Sales price increase to tenant/buyer |
Property purchase price * <0>% per year |
|
Average rental rates |
3bd/2.5ba = $<0> to $<0>
4bd/2.5ba (w/o basement) = $<0> to $<0>
4bd/2.5ba (w/basement) = $<0> to $<0> |
|
Down payment from tenant/buyer |
$<0> (average) |
|
Rental proceeds (depends on loan) |
$<0> per month |
|
Estimated Proceeds
(Rental Exit Strategy (7 yr)): |
|
Proceed Description |
Estimated Proceeds |
|
Average rental rates |
3bd/2.5ba = $<0> to $<0>
4bd/2.5ba (w/o basement) = $<0> to $<0>
4bd/2.5ba (w/basement) = $<0> to $<0> |
|
Down payment from tenant |
$<0> (one month's rent - max.) |
|
Rental proceeds (depends on loan) |
$<0> per month |
|
Estimated value in 7 years |
$<0> |
|
Estimated Proceeds
(Resale Exit Strategy): |
|
Proceed Description |
Estimated Proceeds |
|
Estimated sales price |
$169,900 |
|
Comparables |
<Click here to view RealQuest Report> |
|
Repair/maintenance costs |
$<0> |
|
Advertising costs |
$<0> |
|
Closing costs |
$<0> |
|
^top
Market Analysis:
- RealQuest Report (comparables) <a link to the report would be provided
here for you>
^top
Questions/Answers:
^top
Contact
Information:
- Project Coordinator -- <name> || <phone #>
- Buyer's Agent -- <name> || <phone #>
- Financing -- <name> || <phone #>
^top
©® Asset Development Company, LLC