REO in Northside Westcliff Ave Richmond, VA 23222

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1 REO in Northside Richmond, VA 3 TO INSERT PIC HERE, CLICK WITH YOUR MOUSE INSIDE THIS BOX, THEN CLICK THE "INSERT PICS" BUTTON ON THE RIGHT AND SELECT THE PICTURE All-brick cape in a great location! Located in close proximity to highways, downtown, and VCU/MCV Campuses. Well-taken care of property with vinyl windows, hardwoods, fenced yard. Property needs HVAC and cosmetic improvements. Total cost basis of the property projected to be only 63% of ARV. Lock up this great deal today! Exclusively Presented By: 30 Pump Rd #169 Richmond, VA xxxx

2 Equity + Cashflow! Big Margins on This One! Property Street Address: Property City, State, Zip: Bedrooms: Baths: Square Feet: Year Built: Richmond, VA Presented By: xxxx Property Description: Buy this deal, perform a mainly cosmetic rehab and you will have 0k in equity and a solid passive cashflow from this beautiful brick cape! Work Needed: Property needs a new central air system, refinish floors, update electrical panel to 00amp, and some minor cosmetic work, including paint. A little work will yield a lot of sweat equity! PURCHASE/REHAB ASSUMPTIONS % of ARV After-Repair Value (ARV) 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 10, , ,070.00, , , % 13% % 0% 63% PROJECTED RESULTS Projected New Loan Amount (for Refi) Closing costs on New Loan Cash-Out at Refi *(cash pulled out in excess of investment) Assumed Time to Complete Rehab: Assumed Time to Complete Sale: Total Time between Acquisition and Sale 80,000.00, ,600.00, Cash Left in the Deal after Refi 0, Equity Left in the Deal after Refi Monthly Cash Flow (before-tax) Infinite Cash-on-Cash Return (before-tax) DCR of New Loan 1.86 Assuming 6.5% Rate and 0 Year Amortization Months Months Months Pics" available, then click inside this box and hit "delete" to delete this text. Front Back Call me today to lock up this deal! It won't last!

3 PROJECT CASH FLOW REPORT REO in Northside Richmond, VA xxxx Month Purchase (57,000) Closing Costs (1,500) Origination/Discount Points Holding Costs (360) (360) (360) (360) Rehab Draws/Expenses (15,070) Interest (Paid or Accrued) Total Spent in Period (58,500) (15,30) (360) (360) (360) Cumulative Cost Basis (58,500) (73,930) (7,90) (7,650) (75,010) Refinance: New Loan Amount 80,000 Closing Costs on New Loan (,00) PayOff Existing Loan 0 Cash Out at Refi 77,600,590 Return on Cash Investment 10% Cash Tied up in Deal 0 Equity Left in Deal 0,000 Holding Costs Rehab Draws/Expenses Interest (Paid or Accrued) Total Spent in Period Cumulative Cost Basis Refinance: New Loan Amount Closing Costs on New Loan PayOff Existing Loan Cash Out at Refi Return on Cash Investment Cash Tied up in Deal Equity Left in Deal Holding Costs Rehab Draws/Expenses Interest (Paid or Accrued) Total Spent in Period Cumulative Cost Basis Refinance: New Loan Amount Closing Costs on New Loan PayOff Existing Loan Cash Out at Refi Return on Cash Investment Cash Tied up in Deal Equity Left in Deal Month Month

4 Comparable Sales Report For Property Street Address: Property City, State, Zip: Bedrooms: Baths: Square Feet: Year Built: Address 808 Chamberlay Ave Main St Grace St North Ave 1605 Cliff Ave 905 nd Ave 311 th Ave 151 Northside Ave Richmond, VA 3 Presented By: xxxx Beds Baths Sq Ft Date Sold /1/011 /15/011 //011 /1/011 /15/011 /9/011 1/7/011 1/15/011 Sales Price $156,000 $1,000 $17,000 $10,000 $168,000 $17,000 $168,000 $11,000 Notes: Good Condition Decent Shape Partial Reno Ok Shape Pics" available, then click inside this box and hit "delete" to delete this text. Comp 1 Comp Pics" available, then click inside this box and hit "delete" to delete this text. Comp 3 Comp

5 Richmond, VA 3 Living Room Dining Room Kitchen Bedroom 1 Bedroom Swing set and shed! Another view of backyard Tankless Gass Water Heater!