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Property Address: 203 E Edgewater Ave, Pleasantville, NJ 08232
Bedroom Count: 3
Bathroom Count: 2
Square Footage: 1,232 sqft
Fix & Flip or Rental (or both) Fix & Flip
Primary Financial Info: Wholesale Price: - $123,704
Rehab Cost: - $55,000
After Repair Value: - $234,080
Projected Net Profit: - $31,102
Building Type: SFH
Vacant: Yes
Parking: Street
Roof Age: 11
HVAC Age: 8
Facade and Exterior: Brick
Roofing: Shingles
Electric: Breakers
Plumbing: Copper
Laundry hook up: Yes
Sewer: Public
Water: Public
Zoning: Residential
Fix Flip Financial Pro Forma Wholesale Price: - $123,704
Rehab Cost: - $55,000
Estimated Closing Cost: - $6,650
Estimated Holding Cost: - $2500
Estimated Selling Cost: 5% of ARV - $11,704
Total Initial Investment - $194,433
Net Profit Calculation Estimated After Repair Value - $234,080
Total Estimated Investment - $194,433
Projected Net Profit - $31,102
Comp 1: 68 E Wright St - 4 bed - 2 ba - $235,000 - 01/05/2023 - Built 1949 - 1311 sq ft - 0.14 miles - $179 ft
Comp 2: 709 Prospect Ave - 3 bed - 2 ba - $220,000 - 02/01/2023 - Built 1959 - 1322 sq ft - 0.22 miles - $166 ft
Comp 3: 11 S Chester Ave - 3 bed - 2.5 ba - $243,000 - 03/21/2023 - Built 2008 - 1408 sq ft - 0.47 miles - $173 ft
Comp 4: 152 Maple Ave - 3 bed - 2.5 ba - $255,000 - 01/05/2023 - Built 2002 - 1232 sq ft - 0.49 miles - $207 ft
Comp 5: 68 E Washington Ave - 3 bed - 2 ba - $273,000 - 03/07/2023 - Built 1890 - 1340 sq ft - 0.51 miles - $204 ft
The Seller does not currently hold title to the property, but has entered into a purchase and sale agreement with the owner to acquire the property.
The Seller may not obtain legal title to the property; instead, it may assign its right to purchase the property to the buyer such that the buyer will acquire title directly from the owner. Alternatively, the Seller may obtain legal title from the owner but not until shortly before selling the property to the buyer.
The Transaction may fallout if it is not closed in time.
Property Address: 203 E Edgewater Ave, Pleasantville, NJ 08232
Bedroom Count: 3
Bathroom Count: 2
Square Footage: 1,232 sqft
Fix & Flip or Rental (or both) Fix
Property Address: 203 E Edgewater Ave, Pleasantville, NJ 08232
Bedroom Count: 3
Bathroom Count: 2
Square Footage: 1,232 sqft
Fix & Flip or Rental (or both) Fix & Flip
Primary Financial Info: Wholesale Price: - $123,704
Rehab Cost: - $55,000
After Repair Value: - $234,080
Projected Net Profit: - $31,102
Building Type: SFH
Vacant: Yes
Parking: Street
Roof Age: 11
HVAC Age: 8
Facade and Exterior: Brick
Roofing: Shingles
Electric: Breakers
Plumbing: Copper
Laundry hook up: Yes
Sewer: Public
Water: Public
Zoning: Residential
Fix Flip Financial Pro Forma Wholesale Price: - $123,704
Rehab Cost: - $55,000
Estimated Closing Cost: - $6,650
Estimated Holding Cost: - $2500
Estimated Selling Cost: 5% of ARV - $11,704
Total Initial Investment - $194,433
Net Profit Calculation Estimated After Repair Value - $234,080
Total Estimated Investment - $194,433
Projected Net Profit - $31,102
Comp 1: 68 E Wright St - 4 bed - 2 ba - $235,000 - 01/05/2023 - Built 1949 - 1311 sq ft - 0.14 miles - $179 ft
Comp 2: 709 Prospect Ave - 3 bed - 2 ba - $220,000 - 02/01/2023 - Built 1959 - 1322 sq ft - 0.22 miles - $166 ft
Comp 3: 11 S Chester Ave - 3 bed - 2.5 ba - $243,000 - 03/21/2023 - Built 2008 - 1408 sq ft - 0.47 miles - $173 ft
Comp 4: 152 Maple Ave - 3 bed - 2.5 ba - $255,000 - 01/05/2023 - Built 2002 - 1232 sq ft - 0.49 miles - $207 ft
Comp 5: 68 E Washington Ave - 3 bed - 2 ba - $273,000 - 03/07/2023 - Built 1890 - 1340 sq ft - 0.51 miles - $204 ft
The Seller does not currently hold title to the property, but has entered into a purchase and sale agreement with the owner to acquire the property.
The Seller may not obtain legal title to the property; instead, it may assign its right to purchase the property to the buyer such that the buyer will acquire title directly from the owner. Alternatively, the Seller may obtain legal title from the owner but not until shortly before selling the property to the buyer.
The Transaction may fallout if it is not closed in time.
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* The investment calculator and its calculations are for information purposes only. You acknowledge that these are estimates only and that (a) there are uncertainties inherent in making such estimates, forecasts, plans and projections and that you are familiar with such uncertainties, and (b) You will take full responsibility for conducting your own evaluation of the adequacy and accuracy of such estimates, forecasts, plans and projections and (c) You shall have no Claim against Altisource and its affiliates with respect to such estimates, forecasts, plans or projections. Accordingly, Altisource and its affiliates are making no representation or warranty with respect to such estimates, forecasts, plans and projections (including such underlying assumptions).