http://www.cmtrealestate.net/information.html for more detials. Contract for Sale: 3943 L St., Philadelphia, 19124 (3 bedroom / 2 bathroom, 1350 sqft) Price: $55,000 Description: Roof: 6 yrs old Heater: gas, old, needs replacement HWH: 2 yrs old Kitchen & Baths: needs updating Buy-Fix-Resell Analysis Purchase Price: $55,000 Total Estimated Repairs: $25,000 Reinstatement Costs: $0 Transfer Tax: $1,100 Closing Costs: $1,100 Buyer's initial cost: $82,200 After Repaired Value: $118,000 Buyer's initial cost: $82,200 Selling Costs: $7,080 Transfer Tax: $2,360 Closing Costs: $2,360 Anticipated Gross Profit: $24,000 *Overhead and Holding Costs NOT included since varies per investor Comps: 2 pending on L st at $121,000 (3949 L St, 120 DOM, 1350sf) and $126,000 (4110 L St, 1350sf)
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