Property Report :

Wholesale Sample

12151 Terra Ceia Ave, New Port Richey, FL 34654

Real Estate Analysis

Created on: Jun 7, 2025

Author: Your Name

Company: Delta Real Estate (demo)

12151 Terra Ceia Ave, New Port Richey, FL 34654

Singlefamily: 3 bedrooms , 2 bathrooms

Year built: 1981, Size: 2386 SF

Investment strategy: Wholesale deal offered to a flipper

Maximum Allowable Offer$ 58,210

Wholesale Fee$ 7,000

Flipper's Profit$ 25,000

Rehab Estimate$ 32,500

A-B Investment

Contract Price	$ 58,210
Wholesale Assignment Fee	$ 7,000
Wholesale Price	$ 65,210

B-C Investment

Purchase Price	$ 65,210
Closing Costs	$ 1,500
Rehab Estimate	$ 32,500
After Repair Value	$ 135,000
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 99,900
Flipper's Profit	$ 25,000
70% Rule 70% Rule Widely accepted ratio among rehabbers used as a barometer for purchasing a rehab property: Purchase price with repair costs should not exceed 70% of ARV. 70% Rule Widely accepted ratio among rehabbers used as a barometer for purchasing a rehab property: Purchase price with repair costs should not exceed 70% of ARV.	72.38 %
Return on Investment	25.03 %
Project Term	3 months

Project Cost Breakdown

Purchase Costs
Purchase Price	$ 65,210
Buying Costs	$ 1,500
Total	$ 66,710

Repair Costs
Exterior Repair Costs	$ 14,300
Interior Repair Costs	$ 16,500
General Repair Costs	$ 700
Other Repair Costs	$ 1,000
Total	$ 32,500

Holding Costs
Monthly Holding Costs	$ 230
Total Months Held	3
Total	$ 690

Selling Costs
Commissions (6%)	$ 8,100
Selling Costs	$ 2,000
Total	$ 10,100

A Flipper's Dream!!! Solid Block home with pool. NO CDD or HOA. Ready for you to come add your special touches and restore her to the beauty she once was. Fenced in yard with partial block wall surrounding property. Directly across from community lake and minutes away from major highway routes. Great for flip or long term rental. Cash or Hard Money Only.

Purchase Price	$ 65,210
Address	12151 Terra Ceia Ave , New Port Richey, 34654, FL
Year Built	1981
Type	Singlefamily
Size	2386 SF
Bedrooms	3
Bathrooms	2

Date	Seller	Buyer	Price
8/9/2019	Adkins, Clinton J Sr		$ 28,500
2/16/2004	Adkins, Clinton J Jr & Diana S	Adkins, Diana S	$ 10,000

Current Owner
Full name	Clinton J Adkins
Address	1241 4 MILE CRK, BRANCHLAND WV 255069634

12151 Terra Ceia Ave New Port Richey, FL 34654

$ 135,000

Property ARV
Singlefamily

Bldg type
2,386

SqFt
$ 57

per SqFt
3

Beds
2

Baths

#	Property address	Distance	Beds	Baths	SqFt	Date sold	Sale price	$/SqFt
1	29401 Caddyshack Ln	0.4mi	3	2.0	1,330	07/26/2017	$ 135,000	$ 102
2	12021 Exoria Ave	0.3mi	2	2.0	1,842	02/08/2018	$ 165,000	$ 90
3	12531 Moon Lake Cir	0.4mi	3	2.0	1,379	07/11/2017	$ 111,999	$ 81
4	9425 Beaufort Ct	0.4mi	3	2.0	1,819	06/16/2017	$ 173,000	$ 95
5	12035 Lacey Dr	0.5mi	3	2.5	1,824	12/22/2017	$ 178,000	$ 98
6	29404 Caddyshack Ln	0.5mi	2	2.0	1,551	04/19/2017	$ 152,500	$ 98
Average:							$ 152,583	$ 94

Breakdown by Scope of Work

Foundation Foundation Includes excavation, foundation, structural concrete. Foundation Includes excavation, foundation, structural concrete.	N/A	Doors & Windows Doors & Windows Includes exterior doors, windows, screens, skylights. Doors & Windows Includes exterior doors, windows, screens, skylights.	$ 2,500	Plumbing Plumbing Includes kitchen and bathroom faucets, bathtubs, shower stalls and toilets. Plumbing Includes kitchen and bathroom faucets, bathtubs, shower stalls and toilets.	N/A	Painting Painting Includes interior painting of walls, doors & frames. Painting Includes interior painting of walls, doors & frames.	$ 2,000
Concrete Concrete Includes conrete and flatwork such as asphalt and pavers. Concrete Includes conrete and flatwork such as asphalt and pavers.	N/A	Garage Garage Includes garage doors and repairs. Garage Includes garage doors and repairs.	N/A	HVAC HVAC Includes replacement of AC units, air-grilles, heaters. HVAC Includes replacement of AC units, air-grilles, heaters.	N/A	Appliances Appliances Includes refrigerators, ranges, dishwashers, microwaves Appliances Includes refrigerators, ranges, dishwashers, microwaves	N/A
Masonry Masonry Includes natural stone, bricks, chimney repairs. Masonry Includes natural stone, bricks, chimney repairs.	N/A	Landscaping Landscaping Includes landscaping, fencing, ext. structures, pools. Landscaping Includes landscaping, fencing, ext. structures, pools.	$ 800	Tiling Tiling Includes tiles and backsplashes in kitchen, bathroom and fireplace tiling. Tiling Includes tiles and backsplashes in kitchen, bathroom and fireplace tiling.	$ 2,500	Dumpster Dumpster Includes dumpster rental, storage container, etc. Dumpster Includes dumpster rental, storage container, etc.	$ 700
Siding & Paint Siding & Paint Includes vinyl, fiber cement, wood siding or exterior painting. Siding & Paint Includes vinyl, fiber cement, wood siding or exterior painting.	$ 3,000	Demolition Demolition Includes room and building demolition, asbestos and mold abatement. Demolition Includes room and building demolition, asbestos and mold abatement.	$ 3,000	Doors & Trim Doors & Trim Includes interior and closet doors, crown molding and trims. Doors & Trim Includes interior and closet doors, crown molding and trims.	$ 1,000	Permits & Fees Permits & Fees Includes building permits, architect and engineering fees. Permits & Fees Includes building permits, architect and engineering fees.	N/A
Decks & Porches Decks & Porches Includes decking, patios, porches and railing. Decks & Porches Includes decking, patios, porches and railing.	$ 2,000	Framing & Drywall Framing & Drywall Includes framing, insulation, walls/ceiling drywall and texturing. Framing & Drywall Includes framing, insulation, walls/ceiling drywall and texturing.	N/A	Flooring Flooring Includes carpeting, sheet vinyl, vinyl tiles, laminate, hardwood flooring and refinishing Flooring Includes carpeting, sheet vinyl, vinyl tiles, laminate, hardwood flooring and refinishing	$ 3,000	Miscellaneous Miscellaneous Includes fuel/gas expense, final cleaning. Miscellaneous Includes fuel/gas expense, final cleaning.	N/A
Roofing Roofing Includes roof materials, gutters, soffits, fascias repairs or replacement. Roofing Includes roof materials, gutters, soffits, fascias repairs or replacement.	$ 6,000	Electrical Electrical Includes various electrical repairs, light fixtures, smoke detectors. Electrical Includes various electrical repairs, light fixtures, smoke detectors.	N/A	Cabinets Cabinets Includes countertops, cabinets in kitchen and bathrooms. Cabinets Includes countertops, cabinets in kitchen and bathrooms.	$ 5,000	Pool repair Pool repair Pool repair	$ 1,000
Foundation Foundation Includes excavation, foundation, structural concrete. Foundation Includes excavation, foundation, structural concrete.	N/A	Landscaping Landscaping Includes landscaping, fencing, ext. structures, pools. Landscaping Includes landscaping, fencing, ext. structures, pools.	$ 800	Flooring Flooring Includes carpeting, sheet vinyl, vinyl tiles, laminate, hardwood flooring and refinishing Flooring Includes carpeting, sheet vinyl, vinyl tiles, laminate, hardwood flooring and refinishing	$ 3,000
Concrete Concrete Includes conrete and flatwork such as asphalt and pavers. Concrete Includes conrete and flatwork such as asphalt and pavers.	N/A	Demolition Demolition Includes room and building demolition, asbestos and mold abatement. Demolition Includes room and building demolition, asbestos and mold abatement.	$ 3,000	Cabinets Cabinets Includes countertops, cabinets in kitchen and bathrooms. Cabinets Includes countertops, cabinets in kitchen and bathrooms.	$ 5,000
Masonry Masonry Includes natural stone, bricks, chimney repairs. Masonry Includes natural stone, bricks, chimney repairs.	N/A	Framing & Drywall Framing & Drywall Includes framing, insulation, walls/ceiling drywall and texturing. Framing & Drywall Includes framing, insulation, walls/ceiling drywall and texturing.	N/A	Painting Painting Includes interior painting of walls, doors & frames. Painting Includes interior painting of walls, doors & frames.	$ 2,000
Siding & Paint Siding & Paint Includes vinyl, fiber cement, wood siding or exterior painting. Siding & Paint Includes vinyl, fiber cement, wood siding or exterior painting.	$ 3,000	Electrical Electrical Includes various electrical repairs, light fixtures, smoke detectors. Electrical Includes various electrical repairs, light fixtures, smoke detectors.	N/A	Appliances Appliances Includes refrigerators, ranges, dishwashers, microwaves Appliances Includes refrigerators, ranges, dishwashers, microwaves	N/A
Decks & Porches Decks & Porches Includes decking, patios, porches and railing. Decks & Porches Includes decking, patios, porches and railing.	$ 2,000	Plumbing Plumbing Includes kitchen and bathroom faucets, bathtubs, shower stalls and toilets. Plumbing Includes kitchen and bathroom faucets, bathtubs, shower stalls and toilets.	N/A	Dumpster Dumpster Includes dumpster rental, storage container, etc. Dumpster Includes dumpster rental, storage container, etc.	$ 700
Roofing Roofing Includes roof materials, gutters, soffits, fascias repairs or replacement. Roofing Includes roof materials, gutters, soffits, fascias repairs or replacement.	$ 6,000	HVAC HVAC Includes replacement of AC units, air-grilles, heaters. HVAC Includes replacement of AC units, air-grilles, heaters.	N/A	Permits & Fees Permits & Fees Includes building permits, architect and engineering fees. Permits & Fees Includes building permits, architect and engineering fees.	N/A
Doors & Windows Doors & Windows Includes exterior doors, windows, screens, skylights. Doors & Windows Includes exterior doors, windows, screens, skylights.	$ 2,500	Tiling Tiling Includes tiles and backsplashes in kitchen, bathroom and fireplace tiling. Tiling Includes tiles and backsplashes in kitchen, bathroom and fireplace tiling.	$ 2,500	Miscellaneous Miscellaneous Includes fuel/gas expense, final cleaning. Miscellaneous Includes fuel/gas expense, final cleaning.	N/A
Garage Garage Includes garage doors and repairs. Garage Includes garage doors and repairs.	N/A	Doors & Trim Doors & Trim Includes interior and closet doors, crown molding and trims. Doors & Trim Includes interior and closet doors, crown molding and trims.	$ 1,000	Pool repair Pool repair Pool repair	$ 1,000
Foundation Foundation Includes excavation, foundation, structural concrete. Foundation Includes excavation, foundation, structural concrete.	N/A	Plumbing Plumbing Includes kitchen and bathroom faucets, bathtubs, shower stalls and toilets. Plumbing Includes kitchen and bathroom faucets, bathtubs, shower stalls and toilets.	N/A
Concrete Concrete Includes conrete and flatwork such as asphalt and pavers. Concrete Includes conrete and flatwork such as asphalt and pavers.	N/A	HVAC HVAC Includes replacement of AC units, air-grilles, heaters. HVAC Includes replacement of AC units, air-grilles, heaters.	N/A
Masonry Masonry Includes natural stone, bricks, chimney repairs. Masonry Includes natural stone, bricks, chimney repairs.	N/A	Tiling Tiling Includes tiles and backsplashes in kitchen, bathroom and fireplace tiling. Tiling Includes tiles and backsplashes in kitchen, bathroom and fireplace tiling.	$ 2,500
Siding & Paint Siding & Paint Includes vinyl, fiber cement, wood siding or exterior painting. Siding & Paint Includes vinyl, fiber cement, wood siding or exterior painting.	$ 3,000	Doors & Trim Doors & Trim Includes interior and closet doors, crown molding and trims. Doors & Trim Includes interior and closet doors, crown molding and trims.	$ 1,000
Decks & Porches Decks & Porches Includes decking, patios, porches and railing. Decks & Porches Includes decking, patios, porches and railing.	$ 2,000	Flooring Flooring Includes carpeting, sheet vinyl, vinyl tiles, laminate, hardwood flooring and refinishing Flooring Includes carpeting, sheet vinyl, vinyl tiles, laminate, hardwood flooring and refinishing	$ 3,000
Roofing Roofing Includes roof materials, gutters, soffits, fascias repairs or replacement. Roofing Includes roof materials, gutters, soffits, fascias repairs or replacement.	$ 6,000	Cabinets Cabinets Includes countertops, cabinets in kitchen and bathrooms. Cabinets Includes countertops, cabinets in kitchen and bathrooms.	$ 5,000
Doors & Windows Doors & Windows Includes exterior doors, windows, screens, skylights. Doors & Windows Includes exterior doors, windows, screens, skylights.	$ 2,500	Painting Painting Includes interior painting of walls, doors & frames. Painting Includes interior painting of walls, doors & frames.	$ 2,000
Garage Garage Includes garage doors and repairs. Garage Includes garage doors and repairs.	N/A	Appliances Appliances Includes refrigerators, ranges, dishwashers, microwaves Appliances Includes refrigerators, ranges, dishwashers, microwaves	N/A
Landscaping Landscaping Includes landscaping, fencing, ext. structures, pools. Landscaping Includes landscaping, fencing, ext. structures, pools.	$ 800	Dumpster Dumpster Includes dumpster rental, storage container, etc. Dumpster Includes dumpster rental, storage container, etc.	$ 700
Demolition Demolition Includes room and building demolition, asbestos and mold abatement. Demolition Includes room and building demolition, asbestos and mold abatement.	$ 3,000	Permits & Fees Permits & Fees Includes building permits, architect and engineering fees. Permits & Fees Includes building permits, architect and engineering fees.	N/A
Framing & Drywall Framing & Drywall Includes framing, insulation, walls/ceiling drywall and texturing. Framing & Drywall Includes framing, insulation, walls/ceiling drywall and texturing.	N/A	Miscellaneous Miscellaneous Includes fuel/gas expense, final cleaning. Miscellaneous Includes fuel/gas expense, final cleaning.	N/A
Electrical Electrical Includes various electrical repairs, light fixtures, smoke detectors. Electrical Includes various electrical repairs, light fixtures, smoke detectors.	N/A	Pool repair Pool repair Pool repair	$ 1,000
Foundation Foundation Includes excavation, foundation, structural concrete. Foundation Includes excavation, foundation, structural concrete.	N/A
Concrete Concrete Includes conrete and flatwork such as asphalt and pavers. Concrete Includes conrete and flatwork such as asphalt and pavers.	N/A
Masonry Masonry Includes natural stone, bricks, chimney repairs. Masonry Includes natural stone, bricks, chimney repairs.	N/A
Siding & Paint Siding & Paint Includes vinyl, fiber cement, wood siding or exterior painting. Siding & Paint Includes vinyl, fiber cement, wood siding or exterior painting.	$ 3,000
Decks & Porches Decks & Porches Includes decking, patios, porches and railing. Decks & Porches Includes decking, patios, porches and railing.	$ 2,000
Roofing Roofing Includes roof materials, gutters, soffits, fascias repairs or replacement. Roofing Includes roof materials, gutters, soffits, fascias repairs or replacement.	$ 6,000
Doors & Windows Doors & Windows Includes exterior doors, windows, screens, skylights. Doors & Windows Includes exterior doors, windows, screens, skylights.	$ 2,500
Garage Garage Includes garage doors and repairs. Garage Includes garage doors and repairs.	N/A
Landscaping Landscaping Includes landscaping, fencing, ext. structures, pools. Landscaping Includes landscaping, fencing, ext. structures, pools.	$ 800
Demolition Demolition Includes room and building demolition, asbestos and mold abatement. Demolition Includes room and building demolition, asbestos and mold abatement.	$ 3,000
Framing & Drywall Framing & Drywall Includes framing, insulation, walls/ceiling drywall and texturing. Framing & Drywall Includes framing, insulation, walls/ceiling drywall and texturing.	N/A
Electrical Electrical Includes various electrical repairs, light fixtures, smoke detectors. Electrical Includes various electrical repairs, light fixtures, smoke detectors.	N/A
Plumbing Plumbing Includes kitchen and bathroom faucets, bathtubs, shower stalls and toilets. Plumbing Includes kitchen and bathroom faucets, bathtubs, shower stalls and toilets.	N/A
HVAC HVAC Includes replacement of AC units, air-grilles, heaters. HVAC Includes replacement of AC units, air-grilles, heaters.	N/A
Tiling Tiling Includes tiles and backsplashes in kitchen, bathroom and fireplace tiling. Tiling Includes tiles and backsplashes in kitchen, bathroom and fireplace tiling.	$ 2,500
Doors & Trim Doors & Trim Includes interior and closet doors, crown molding and trims. Doors & Trim Includes interior and closet doors, crown molding and trims.	$ 1,000
Flooring Flooring Includes carpeting, sheet vinyl, vinyl tiles, laminate, hardwood flooring and refinishing Flooring Includes carpeting, sheet vinyl, vinyl tiles, laminate, hardwood flooring and refinishing	$ 3,000
Cabinets Cabinets Includes countertops, cabinets in kitchen and bathrooms. Cabinets Includes countertops, cabinets in kitchen and bathrooms.	$ 5,000
Painting Painting Includes interior painting of walls, doors & frames. Painting Includes interior painting of walls, doors & frames.	$ 2,000
Appliances Appliances Includes refrigerators, ranges, dishwashers, microwaves Appliances Includes refrigerators, ranges, dishwashers, microwaves	N/A
Dumpster Dumpster Includes dumpster rental, storage container, etc. Dumpster Includes dumpster rental, storage container, etc.	$ 700
Permits & Fees Permits & Fees Includes building permits, architect and engineering fees. Permits & Fees Includes building permits, architect and engineering fees.	N/A
Miscellaneous Miscellaneous Includes fuel/gas expense, final cleaning. Miscellaneous Includes fuel/gas expense, final cleaning.	N/A
Pool repair Pool repair Pool repair	$ 1,000
								Total Rehab Estimate	$ 32,500

Financial Breakdown

Purchase Price	$ 65,210
Purchase Costs	$ 1,500
Repair Costs	$ 32,500
Holding Costs	$ 690
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 99,900
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 99,900
Cash at Closing Cash at Closing This number includes down payment and loan points. Cash at Closing This number includes down payment and loan points.	$ 0
Cash During Flip Cash During Flip Shows the cash amount remaining to fund the Flip. Cash During Flip Shows the cash amount remaining to fund the Flip.	$ 99,900

Project Returns

Gross Rehab Profit	$ 25,000
Return on Investment	25.03 %
Annualized ROI	100.12 %
Internal Rate of Return	189.45 %

Timeline Assumptions

Rehab Period	2 months
Listing Period	1 months
Total Holding Period	3 months

There is no financing selected in this deal.

This charts shows the influence of leverage on Return on Investment (ROI). Purchase price is considered as the Value in the LTV ratio here. The calculation considers all buying, holding, repair and selling costs, purchase price, ARV and an interest-only loan with rate of 12.00% p.a.

Month	0	1	2	3
Purchase/Sale	$ -65,210			$ 135,000
Closing Costs	$ 1,500			$ -10,100
Holding Costs		$ -230	$ -230	$ -230
Rehab Draws		$ -16,250	$ -16,250
Cash Flow	$ -66,710	$ -16,480	$ -16,480	$ 124,670

Sale Proceeds Breakdown

After Repair Value	$ 135,000
Cost of Sale Cost of Sale This includes agent commission and costs such as marketing, home warranty, attorney charges, title/escrow fees and other. Cost of Sale This includes agent commission and costs such as marketing, home warranty, attorney charges, title/escrow fees and other.	$ 10,100
Repair Costs	$ 32,500
Holding Costs (3 months) Holding Costs This includes costs such as utilities, maintenance, insurance, HOA dues, but loan interest is not included. Holding Costs This includes costs such as utilities, maintenance, insurance, HOA dues, but loan interest is not included.	$ 690
Financing Costs Financing This amount sums interest paid on any loans and capital partner funds plus loan points and costs. Financing This amount sums interest paid on any loans and capital partner funds plus loan points and costs.	$ 0
Purchase Purchase incl. Costs Sums up the purchase price and all associated closing costs, such as title/escrow fees, attorney fees, inspections, appraisal etc. Purchase incl. Costs Sums up the purchase price and all associated closing costs, such as title/escrow fees, attorney fees, inspections, appraisal etc.	$ 66,710
Net Rehab Profit	$ 25,000

There is no financing selected in this deal.

Property Report: Wholesale Sample WHOLESALE

Property Report :

Wholesale Sample

12151 Terra Ceia Ave, New Port Richey, FL 34654

Executive Summary

12151 Terra Ceia Ave, New Port Richey, FL 34654

A-B Investment

B-C Investment

Total Capital Needed

Total Capital Needed

70% Rule

70% Rule

Project Cost Breakdown

Property Description

Sales History

Comparative Sales Analysis

$ 135,000

Property ARV

Singlefamily

Bldg type

2,386

SqFt

$ 57

per SqFt

3

Beds

2

Baths

Rehab Estimates

Breakdown by Scope of Work

Foundation

Foundation

Doors & Windows

Doors & Windows

Plumbing

Plumbing

Painting

Painting

Concrete

Concrete

Garage

Garage

HVAC

HVAC

Appliances

Appliances

Masonry

Masonry

Landscaping

Landscaping

Tiling

Tiling

Dumpster

Dumpster

Siding & Paint

Siding & Paint

Demolition

Demolition

Doors & Trim

Doors & Trim

Permits & Fees

Permits & Fees

Decks & Porches

Decks & Porches

Framing & Drywall

Framing & Drywall

Flooring

Flooring

Miscellaneous

Miscellaneous

Roofing

Roofing

Electrical

Electrical

Cabinets

Cabinets

Pool repair

Pool repair

Foundation

Foundation