5 Dailey Drive, Hamilton NJ 08620 For Sale

  • $171,000 (ARV = $285,000)
  • 3 beds
  • 1.5 baths
  • 1360 sqft

This investment property is located in a prime area of Hamilton in a great residential and convenient area. It is a premier property for a profitable fix and flip.

The Numbers:

ARV = $285,000 based on comps from TREND – http://matrixweb.trendmls.com/Matrix/Public/Portal.aspx?k=28034629X6cKZ&p=DE-56857020-291#1

Buyer’s Estimated Expenses

Estimated Repair Cost: $54,000

Roof: $6500
Windows: $4000
Landscape: $3000
Kitchen: $11,000
1.5 Bath: $6500
Flooring: $6000
Sheet Rock: $5000
Front Step: $3500
Paint: $2000
Furnace: $4500
Trim: $2000
Total: $54,000

Closing Costs: $2800
Monthly Holding Costs: $528
Repair Period: 1.5 months
Marketing Costs: $500
Selling Costs: $14,000

For Fix and FLIP Acquisition
Buyer ROI = 20.48%

Buyer Net Profit = $48,450

As a BRRRR Acquisition:
Monthly Cash Flow $2000 – $2150
Net Operating Income: $18,664
Purchase Price: $171,000
Cap Rate: 11%

 

Price:
$171,000 (ARV = $285,000)
Address:
5 Dailey Drive
Hamilton, NJ 08620
Square Feet:
1360
Lot Size:
11,090
Bedrooms:
3
Bathrooms:
1.5
Terms:
For Sale
Property Type:
Home
Year Built:
1955

Call (609) 807-1497 for more details

Property Location

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