Fix and Rent – Wholesale Investment Property
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This property information is Strictly for Real Estate Acquisitions Co. Investors and associates only.
48 Bryn Mawr Ave – Trenton, NJ 08611
Wholesale Price – $15,000
After Repair Value – $41,500
Yearly Net Cash Flow – $9,741
Cap Rate – 26.53%
Property Information
Building Type: Single Family Attached
Estimated Real Estate Tax: $693
Occupancy: Vacant
Construction Details
Facade and Exterior: Brick
Roof: Shingle
Electric: Breakers
Heating: Gas
Plumbing: PVC
Laundry: Yes
Zoning: Residential
Projected Financials: The following proforma is based on stabilized property occupancy Expenses and profits were derived from market research.
Comparables from the MLS used to determine ARV
| Address | Price Sold | Sold Date | Size (sf) | Year Built | Price per sf | Distance from subject property (mi) |
| 165 HOFFMAN AVE TRENTON, NJ |
42,000 | 5/6/2019 | 1364 | 1912 | 30.79 | 0.05 |
| 125 HOFFMAN AVE TRENTON, NJ |
49,000.00 | 4/16/2019 | 1504 | 1912 | 32.57 | 0.08 |
| 34 VOLK ST TRENTON, NJ |
45,000.00 | 3/18/2019 | 1148 | 1996 | 39.19 | 0.1 |
| 16 LAUREL AVE TRENTON, NJ |
40,000.00 | 2/21/2019 | 1372 | 1916 | 29.15 | 0.11 |
| 16 OAK LN EWING, NJ |
40,000.00 | 12/12/2018 | 1744 | 1926 | 22.93 | 0.15 |
| 217 ROSEMONT AVE TRENTON, NJ |
29,000.00 | 7/24/2019 | 1376 | 1911 | 21.07 | 0.16 |
| 45 ELMHURST AVE TRENTON, NJ |
30,000.00 | 7/5/2019 | 1424 | 1921 | 21.06 | 0.18 |
Average Cost/SQFT: $28.11
Average Sold Price: $39,285.71
After Repair Value: $41,500