PROJECT SUMMARY. 316 E. 23rd Street PROJECT SUMMARY - FLIP

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Sharyl Sullivan
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1 PROJECT SUMMARY PROJECT SUMMARY - FLIP PURCHASE/REHAB ASSUMPTIONS Purchase Price Rehab Cost Total Holding and Closing Costs (not inc. Sale) Total Financing Costs Total Project Cost Basis Total Amount Financed Total Cash Committed 70, , , , , , , A B C D (A+B+C+D) = (E+F) E F RESULTS Projected Resale Price 215, Projected Cost of Sale 12, Flip Profit 67, ROI % Annualized ROI % G H J=G-H-E-F-I J/F Breakdown of Financing Costs: Origination/Discount Points 2,844 Other Closing Costs for Loan - Interest on Original Loan 1,972 Interest on Rehab Money 1,549 Total Cost of Financing 6,365

Baltimore, MD 21218 BARCLAY BOOMING COMMUNITY.

throughout, have a big payday once you add addt'l bedroom & bath in basement.

2 Baltimore, MD BARCLAY BOOMING COMMUNITY.. 3 bd, 1ba, needs HVAC,, new maple hardwood floors needed thru out, freshl paint and new carpet throughout, have a big payday once you add addt'l bedroom & bath in basement. Everywhere renovations are going on in this neighborhood. Exclusively Presented By: 2708 RONA ROAD GWYNN OAK wwenterprisellc@gmail.com

MARKETING SHEET (FLIP EXIT) Property Address: Property City, State, ZIP: Baltimore, MD 21218 Bedrooms: 3 Baths: 1 SqFt: 950 Built: 1942 Notes: 3 bd, 1ba, needs HVAC,, new

add addt'l bedroom & bath in basement Everywhere renovations are going on in this neighborhood. Est.

. PURCHASE/REHAB ASSUMPTIONS After-Repair Value (ARV) Purchase Price (Offer Price) Rehab Costs Total Holding and Closing Total Financing Costs Total Project Cost Basis

3 MARKETING SHEET (FLIP EXIT) Property Address: Property City, State, ZIP: Baltimore, MD Bedrooms: 3 Baths: 1 SqFt: 950 Built: 1942 Notes: 3 bd, 1ba, needs HVAC,, new maple hardwood floors needed thru out, freshl paint and new carpet throughout, have a big pa Presented by: wwenterprisellc@gmail.com Project Description: Work Needed: 3 bd, 1ba, needs HVAC,, new maple hardwood floors needed thru out, freshl paint and new carpet throughout, have a big payday once you add addt'l bedroom & bath in basement Everywhere renovations are going on in this neighborhood. Est. repair cost $40k - $55k, update kitchen, bath, add additional bedrm & bath, windows, flooring, paint, carpet, appliances, etc.. PURCHASE/REHAB ASSUMPTIONS After-Repair Value (ARV) Purchase Price (Offer Price) Rehab Costs Total Holding and Closing Total Financing Costs Total Project Cost Basis Total Amount Financed Total Cash Commited % of ARV 215, , % 55, % 3, % 6, % 134, % 81, , PROJECTED RESULTS Projected Resale Price Projected Cost of Sale Flip Profit ROI Timeline Assumptions Time to Complete Sale Total Time 215, , , % Annualized ROI % Time to Complete Rehab 2 Months 2 Months 4 Months street view street view directly across the street rear

4 CASH FLOW SUMMARY (FLIP EXIT) Baltimore, MD Purchase Purchase Closing Costs Month Orig/Disc Points and Loan Closing Costs Holding Costs Rehab Draws/Expenses Interest (Paid or Accrued) Total Cash Spent in Period Cumulative Cost Basis Sale Price Selling Costs (70,000) (3,500) (2,844) (55,000) (50,094) (131,344) (132,224) (133,104) (133,984) (134,865) 215,000 (12,900) Flip Profit to Investor (Pre-Tax) Total Cash Committed Return on Cash Investment (annualized) 67,235 53, %

COMPARABLE SALES REPORT COMPS Property Address: Property City, State, ZIP: Baltimore, MD 21218 Bedrooms: 3 Baths: 1 SqFt: 950 Built: 1942 Notes: 3 bd, 1ba,

6619 wwenterprisellc@gmail.com www.wilsonandwilsonenterprisellc.com Property Address: Beds Baths Sq.Ft. Date Sold Sales Price $/Sq.Ft. Notes 1. 311 E.

320 E 23rd St 3 1 950 05/17/2017 121,900 basic rehab, low quality fixtures & finishes 4. 5. 6. 310 E. 22nd St 4 2.5 1,245 03/10/2017 210,000 313 E.

5 COMPARABLE SALES REPORT COMPS Property Address: Property City, State, ZIP: Baltimore, MD Bedrooms: 3 Baths: 1 SqFt: 950 Built: 1942 Notes: 3 bd, 1ba, needs HVAC,, new maple hardwood floors needed thru out, freshl paint and new carpet throughout, have a big pa Presented by: wwenterprisellc@gmail.com Property Address: Beds Baths Sq.Ft. Date Sold Sales Price $/Sq.Ft. Notes E. 23rd Street ,584 ACTIVE 224, E. 24th St /23/ , E 23rd St /17/ ,900 basic rehab, low quality fixtures & finishes E. 22nd St ,245 03/10/ , E. 23rd St ,528 ACTIVE 224, E.21st St ,090 ACTIVE 175,500 basic rehab, low quality fixtures, E. 24th St ACTIVE 229, E. 24th St /17/ , E. 24th St 2 2 1,090 ACTIVE 219,000 COMP #1 COMP #2 COMP #3 COMP #4

6 ADDITIONAL PICTURES PICS upstairs hallway bedroom #1

7 ADDITIONAL PICTURES PICS bedroom #2 bedroom #3 bath basement basement mechanicals mechanicals hot water tank

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