Property Analysis Worksheet - Short Form
Property Address 3816 4th Street, Washington, Dc 20020
Property Name
Property Street Address 3816 4th Street
Property City State ZIP Washington, Dc 20020
Property Description
Property Legal Description
Property Units 3 Date 2017-02-13 File number 2017 0000
Property Size 5100 Property Type Single Family
Property Unit Beds 3 Earnest Money Deposit $ 10,000.00
Property Unit Baths 2 Asking Price $ 700,000.00
Property Unit Parking 2 Whisper Price $ 575,000.00
After Repaired Value (ARV) $ 2,430,000.00 As Is Income Value $ 0.00
Quick-Turn Estimate % Amount Item Subtotal
Investment To Value 75.00% $ 1,822,500.00 $ 1,822,500.00
Closing Cost to Buy $ 24,125.00 $ 24,125.00 $ 1,798,375.00
Reinstatement Cost
Delinquent Tax Liens
Short Sale Junior Liens
Tax, Insurance, Attorney $ 1,300.00 $ 1,300.00 $ 1,797,075.00
Repairs $ 450,000.00 $ 450,000.00 $ 1,347,075.00
Project Manager Fee $ 30,000.00 $ 30,000.00 $ 1,317,075.00
Assignment Fee $ 10,000.00 $ 10,000.00 $ 1,307,075.00
Carrying Costs $ 44,400.00 $ 44,400.00 $ 1,262,675.00
Miscellaneous Entry Cost $ 11,000.00 $ 11,000.00 $ 1,251,675.00
Closing Cost To Sell 1.50% $ 36,450.00 $ 1,215,225.00
Closing Cost To Refinance
Buyer Incentives
Co-op Commission 5.00% $ 121,500.00 $ 1,093,725.00
Private Incentive Fee
Miscellaneous Exit Cost
Carrying Cost Calculations Maximum Offer $ 700,000.00
Repair Days 265 265 Entry Costs $ 570,825.00
Marketing Days 30 Exit Costs $ 157,950.00
Closing Days 30 Total Costs $ 728,775.00
Total Carrying Days 325 Profit $ 607,500.00
Annual Property Taxes $ 1,200.00 Minimum Offer Rate 20.00%
Annual Property Insurance $ 450.00 Minimum Offer $ 560,000.00
Taxes And Insurance Cost $ 1,470.00 Acquisition Plus Entry $ 1,270,825.00
Monthly Debt Service 10.00% $ 6,343.09 Hard Costs to ARV Rate 52.30%
Total Debt Service $ 69,773.99 Effective Hard Money Points 2.50%
Monthly HOA $ 0.00 Offer To ASK Ratio 100.00%
Total HOA $ 0.00 Entry to MAO Rate 81.55%
Monthly Utilities $ 100.00 Exit to ARV Rate 6.50%
Total Utilities $ 1,100.00 Profit to Entry Rate 106.42%
Total Carrying Costs $ 72,340.00 Costs To ARV Rate 29.99%
Straight Note Calculations Offer To ARV Rate 28.81%
Straight Note Principal $ 730,724.00 Entry To ARV Rate 23.49%
Straight Note Term 3 Profit Margin 25.00%
Straight Note Interest 10.00% $ 18,268.00 ITV Rate 75.00%
Straight Note Balloon 9.92% $ 748,992.00 Return on Total Investment 33.33%
Hard Money Calculations ARV per Sq Ft $ 476.47
Hard Money Points 0.00% $ 0.00 Repair Costs per Sq Ft $ 88.24
Hard Money Effective Rate 0.00% Rehab Complexity Factor 8.82
Debt and Equity Calculations Profit Margin Premium 17.65%
Equity Investment 42.50% $ 540,101.00 Purchase Parameters
Debt Investment 57.50% $ 730,724.00 Offer Expires Date
Debt Rolled-In Points 4.00% $ 30,446.83 Offer Expires Time
Debt Effective Present Value 14.32% $ 761,170.83 Cancellation Expires Date
Debt Annual Interest Rate 10.00% Cancellation Expires Time
Debt Amortization Term 9,999 Option Consideration Fee
Debt Periodic Constant 0.83% $ 6,343.09 Option Due Diligence Days
Debt Annual Constant 10.00% $ 76,117.08 Option Begin Date 2/13/17
Debt Maturity 12 $ 761,170.84 Option Expires Days 30
Cash on Cash Return Property County
Principal $ 540,101.00 Property State
Front Fee $ 0.00 Closing Date
Net Proceeds $ 540,101.00 Closing Time
Profit Split 100.00% $ 607,500.00 Closing Costs Payor Seller
Principal Redemption $ 540,101.00 Listing Broker Data
Total Return 85.10% $ 1,147,601.00 Broker Date 2/13/17
Deal Narrative Broker Listing 12345678
Broker Name
Broker Company
Broker Street
Broker City State Zip
Broker Phone Office
Broker Phone Cell
Broker Phone FAX
Broker Email
Broker Website
/Users/kathyade/Downloads/3816 4th Street Analysis 3units.xlsm
