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Wholesale Investment Property
All Properties are normally sold within 14 days from the date listed. Please check the status of the unit with us before beginning research on properties older than 14 days.
This property information is Strictly for Real Estate Acquisitions Co. Investors and associates only.
This property is available for purchase only with Cash, Hard Money, or Private Money.
11 Main St. New Egypt, NJ 08533
Fix and Flip
Wholesale Price: $205,168
Rehab Cost: $130,000
After Repair Value: $509,558
Projected Net Profit: $123,436
Property Information
Building Type: Mixed Use – Commercial Rental + Residential Rental
Beds: 3
Baths: 3.5
Commercial Unit – 1 with half bath
Square footage: 2,880
Real Estate Tax: $4,880
Vacant: No
Owner Occupied: Yes
Parking: Yes
Construction Details:
Facade and Exterior: Aluminum siding & Stucco
Roof: Shingle
Electric: Breakers
Heating: Hot Water
Plumbing: Copper
Laundry: Yes
Water: Public
Sewer: Septic
Zoning: Commercial Mixed-Use
Fix and Flip
Investment Type Cost
Wholesale Price $205,168
Rehab Cost $130,000
Estimated closing costs $10,191
Estimated holding costs $15,286
Estimated selling costs (5% of ARV) $25,477
Total Initial Investment: $386,122
Net Profit Calculation
Estimated After Repair Value $509,558
Total Estimated Investment $386,122
Projected Net Profit: $123,436
Comparables from the MLS used to determine ARV
Average Sold Price: $373,500.00
|
Address |
Price Sold |
Sold Date |
Size (sf) |
Year Built |
Price per sf |
Distance from |
| 15 EVERGREEN RD NEW EGYPT, NJ |
373,500.00 |
5/7/2021 |
2111 |
1880 |
176.93 |
0.03 |