74 Maple St Medford, NY

74 Maple Dt Medford NY 11763 United States

Overview

Area:  MEDFORD, NY

Beds/Baths:  4/2.5

School:  MEDFORD

Type of Project:  Fix and Flip

Terms:  12 Months (8 months)

Loan Amount:  $299,000

Purchase Price:  $242,000

Rehab Amount:  $75,000 

After Repair Value  $460,000

Loan Terms:  1 year

Interest Rate:  10% APR

Payout:  Monthly

Est Closing Date:  JULY 31

  

Management

Has successfully completed 12 rehabs in the last year. Has mid credit score of 712. Is a licensed realtor 

Financial

  1. Offering Type: Debt
  2. Investor Yield: 10%
  3. Minimum Raise Amount: $10,000
  4. Minimum Investment Amount: $0
  5. Funding Goal ($): $300,000

Property

Scope of Work

Detailed Repair Budget

1. General Conditions: Power wash entire house, 40 yard dumpster, photographer and final cleaning before showing

2. Demolition: Bathroom and kitchen  

3. Masonry: Tuck point masonry

4. Decking and Patios: power wash, sand and stain

5. Roofing: roof replacement rip and replace architectural shingles

6. Exterior Doors & Windows:  Steel entry door, replace windows (vinyl average size)

7. Landscaping: Trees bushes and flowers 

8. Misc. Exterior Improvements: Install white fence

9. Framing and Drywall: Interior Framing ½’ thick l

10.Cabinets & Countertops:  Gut entire kitchen install brand new ceramic tile floor , install high hats with center fan, large cabinets going to ceiling with crown molding , granite counter tops , ceramic tile back splash, stainless steel appliances,

11. Interior Doors and Trim : Replace all trim and doors

12. Painting:  Paint entire house, ceilings white walls beige

13. Tiling: Shower tile, accent mosaic, floor tile bathroom, floor tile entry

14. Carpet : Carpet economy grade

15. Appliances: all new  

16. Plumbing: Kitchen faucet, hook up dishwasher, water supply for Refrigerator, bathroom faucet, fiberglass tub, showerhead, toilet, pedestal sink

17. HVAC: Replace gas fired force air unit 3,000,

18. Electrical: Repair GFI outlets/Ground back to panel, Exhaust fan, smoke detectors, carbon oxide detectors, bathroom vanity light, exterior light fixture

$75,600.00

https://www.google.com/search?q=74+maple+st+medford+ny&rlz=1C1EJFA_enUS734US734&oq=74+maple&aqs=chrome.0.0j69i57j0l4.2095j0j7&sourceid=chrome&ie=UTF-8

Photos

Investor Questions

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