3/2 block home, cosmetic rehab
Wholesaler submission. Cosmetic scope on a block 3/2 with the big-ticket items already done — the spread survives our stress test.
The pro forma
Pencils at asking- Purchase (asking)
- $199,000
- Rehab budget
- $52,000
- Purchase closing (est.)
- $2,488
- Carry, 6 mo (est.)taxes, insurance
- $1,992
- Financing (est.)interest + fees, illustrative
- $15,062
- Selling costs (7%)
- $23,800
- All-in cost
- $294,342
- ARV (comps)
- $340,000
- Projected net
- $45,658
- Net margin / return on cost
- 13.43% · 15.51%
Financing modeled at illustrative market terms over 6 months — your actual terms are quoted per deal.
Value figure from three solds within 0.5 mi / 90 days; verify independently.
- 1960s block — roof and panel already updated, scope is truly cosmetic.
- Rehab stress-tested at +15% for what a home this age hides.
This pro forma is already in the shape our capital partners underwrite — so if the deal fits your box, the financing conversation is short.
Get financing on this deal →Third-party wholesale deal. Springwell Capital is not the seller and does not represent the seller; availability is subject to confirmation and deals can go under contract at any time. Ask us and we'll confirm status same day.
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