Toledo, Ohio Wholesale Real Estate Rehab Projects

Abbreviation and meaning
ARV= (After Repair Value)
LTV= (Loan To Value)
ROI= (Return On Investment)
PITI= (Principle, Interest, Taxes & Insurance)

1106 Marmion, 2bd, 1ba, Toledo, OH 43607
House Map:
http://www.mapquest.com/maps?city=Toledo…
House Video:
http://www.youtube.com/watch?v=4bqbRB7zpd0
Purchase Price: $15,000
Repair Cost: $3,000
Area Rents: $550/mth
$18,000 Total Investment / $47,000 ARV= 38% LTV
$6600 Gross Rents / $18,000 Total Investment= 36%ROI
$550/mth Rent - $282 Mortgage (PITI)= $268/mth Positive Cashflow
$47,000 ARV - $18,000 Total Investment= $29,000 Instant Equity
Area Comps:
-736 Evesham, Sold On 8/28/08, Sold for $42,000
-1316 Waverly, Sold On 8/22/08, Sold for $57,000
-626 Parkside, Sold On 9/17/08, Sold for $54,000

1105 Montrose, 3bd possible 4bd, 1ba, Toledo, OH 43607
House Map:
http://www.mapquest.com/maps?city=Toledo…
House Video:
http://www.youtube.com/watch?v=2cvFF34lXAU
Purchase Price: $12,500
Repair Cost: $2,500
Area Rents: $600/mth
$15,000 Total Investment / $47,600 ARV= 32% LTV
$7200 Gross Rents / $15,000 Total Investment= 48%ROI
$600/mth Rent - $260 Mortgage (PITI)= $340/mth Positive Cashflow
$47,600 ARV - $15,000 Total Investment= $32,600 Instant Equity
Area Comps:
-736 Evesham, Sold On 8/28/08, Sold for $42,000
-1316 Waverly, Sold On 8/22/08, Sold for $57,000
-1705 Parkdale, Sold On 7/7/08, Sold for $44,000

2038 Berkshire, 2bd, 1ba, Toledo, OH 43613
House Map:
http://www.mapquest.com/maps?city=Toledo…
House Video:
http://www.youtube.com/watch?v=4_i7FlgNJpI
Purchase Price: $18,000
Repair Cost: $10,000
Area Rents: $700/mth
$28,000 Total Investment / $78,600 ARV= 36% LTV
$8400 Gross Rents / $28,000 Total Investment= 30%ROI
$700/mth Rent - $380 Mortgage (PITI)= $320/mth Positive Cashflow
$78,600 ARV - $28,000 Total Investment= $50,600 Instant Equity
Area Comps:
-3727 Westland, Sold On 9/23/08, Sold for $79,900
-2135 Talbot, Sold On 9/17/08, Sold for $78,000
-3811 Sherbrooke, Sold On 6/16/08, Sold for $105,500

1412 Moore, Toledo, Ohio, 43608 - 2bd, 1ba
Property Map:
http://www.mapquest.com/maps?city=Toledo&state=OH&address=1...
House Video:
http://www.youtube.com/watch?v=PL8p9T_P0UI
$10,000-Purchase Price
$6000-Repair Cost
$16,000 Total Investment / $37,800 ARV= 42% LTV
$6000 Gross Rents / $16,000 Total Investment= 37% ROI
$500/mth Rent - $200/mth Mortgage (PITI)= $300/mth Cashflow
$37,800 ARV - $16,000 Total Investment= $21,800 Instant Equity
Area Comps:
-615 E. Hudson, Sold On 10/15/08, Sold for $60,500
-1813 Lagrange, Sold On 5/5/08, Sold for $22,500
-427 E. Weber, Sold On 6/3/08, Sold for $63,000

934 Ambia, 3bd, 2ba, Toledo, Ohio 43610
Map of property:
http://www.mapquest.com/maps/934+ambia+toledo+oh+43610
Property Video:
http://www.youtube.com/watch?v=tGsxJE6wBxk
$10,000 – purchase price
$10,000 – rehab cost
$20,000 (purchase & rehab)Total Investment\$47,500 ARV = 42% Loan to Value
$6600\yr in gross rents\$20,000 Total Investment = 33% Return on Investment
$550\mo in rents-$220\mo mortgage payment (PITI)= $330\mo Positive Cash Flow
$47,500 ARV-$20,000 Total Investment = $27,500 in Equity
Area Comps:
-1438 Delaware, Sold On 6/17/08, Sold for $30,000
-512 Collins, Sold On 9/18/08, Sold for $88,000
-4126 Vermaas, Sold On 9/15/08, $58,000

3112 Maher, Toledo, OH 43608 – 3bd, 1ba
Map of property:
www.mapquest.com/maps?city=Toledo&state=OH&address=3110+Mah...
Property video:
www.youtube.com/watch?v=UlpMV-zbVEg
$17,000 Purchase Price
$4000 Repair cost
$21,000 Total Investment\$41,640 After Repair Value= 50% Loan to Value
$6000 yearly in gross rents\$21,000 Total Investment= 28% Return on Investment
$500/mth in rent - $210 mortgage payment (PITI)= $290 Monthly Positive Cashflow
$41,640 After Repair Value - $22,000 Total Investment= $20,640 Instant Equity
Area Comps:
-3137 Brigham, Sold On 8/20/08, Sold for $46,000
-3407 Blackstone, Sold On 9/10/08, Sold for $60,000
-615 E. Hudson, Sold On 10/15/08, Sold for $60,500