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Purple Pliers, Inc.

424 South Shamokin Street Shamokin PA 17872


Purple Pliers, Inc. is a company that thinks that and tries operates to help differently than most. We are a company the most people buy and sell homes in ethical manner possible. We buy properties that are distressed and in need of repair, sell renovate as them, and either put renters in them or them fully-remodeled homes to deserving families all over the country.

Profit Breakdown
After Repair Value Purchase Price Estimated Purchase Escrow & Vacant Policy Insurance Realtor fees to sell and sales-escrow expense Total Investment Cost / Purchase Price - repair costs - purchase escrow PROJECTED ALL CASH PROFIT Lenders profit after split with investor Lenders Return on investment if property take 12 months to sell $84,000 $5,000 $1,220 $6,720 $36,230 $41,050 $20,525 56.65%

Projected numbers are based on estimates and evaluations made by the drafter of this document. You should consult your own professionals for advice regarding the projections. You understand that the drafter is not making any professional recommendations whether accounting, legal, real estate, or otherwise.

DISCLOSURE This is not an offering, but is merely a business plan which can be used to help an investor evaluate the benefits and risks of this proposed real estate investment. Material contained in this document is confidential, and furnished solely for the purpose of considering investment in the property described therein, and is not to be copied and/or used for any other purpose or made available to any other person without the express written consent of Purple Pliers, Inc. The information in this package has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in the property described herein. It does not, however, purport to present all material information regarding the subject property, and it is not a substitute for a thorough due diligence investigation. The information contained in this business plan has been obtained from sources believed to be reliable; however, Purple Pliers, Inc. has not conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. Any estimates or rates of return or assumptions are for example only and do not necessarily represent the current or future performance of the property. Purple Pliers, Inc. reserves the right to withdraw, modify, or cancel this investment if it does not generate enough interest in the property to complete its purchase.

Executive Summary
This property is located at 424 South Shamokin Street Shamokin, PA 17872. The property is in need of extensive repairs and upgrades. The home is being purchased for $5,000. There are 3 bedrooms and 1.5 bathrooms. The home has 1412 square feet of living space with a lot size of 0.09 acres. There will be new flooring installed in the kitchen as well as adding upgraded countertops. The entire interior will get new flooring and be repainted. The bathrooms will get complete remodels. The landscaping will need a great deal of clean up and the deck will need refinished. The original rehab estimate is $30,000. The ARV (After Repair Value) of this home is $84,000 based on an ARV appraisal completed on August 1, 2013. The projected all cash profit for this property is approximately $41,050. This will be split equally between the investor and the lender. This will provide the lender a ROI of 56.65%. The area is a bit depressed so not many people are rehabbing properties here, so when a rehab comes on the market, it generally doesnt last for very long. We are expecting that once the renovations are completed, the property will sell fairly quickly. We are estimating total project to take 6 months from beginning to end.

Description of Work
Zerbe Construction Repair bid for 424 Shamokin St Shamokin PA 17872
Exterior paint / Stucco - Siding repair Interior paint / Drywall repair Landscape / drainage / fencing / pool Doors / Garage doors / hardware Fans / lighting / electrical HVAC / Plumbing / water heater Kitchen Baths Flooring Demo / dumpster fees / final clean 1,200.00 4,018.00 2,500.00 1,600.00 1,400.00 5,000.00 2,250.00 6,000.00 2,942.00 3,100.00

Total Repair Costs

30,010.00

Property Pictures

SOLD COMPARABLE PROPERTIES

1119 N Rock st Shamokin PA 17872 SOLD PRICE: $65,000 Bed: 3 Baths: 1.75 Sq. Ft.: 1362 COE: 08/03/12 0.9 miles from subject property

24 N 2nd St Shamokin, PA 17872 SOLD PRICE: $ 79,000 Bed: 3 Baths: 2 Sq. Ft.: 1200 COE: 06/27/13 0.95 miles from subject property

153 N Marshall St, Shamokin, PA 17872 SOLD PRICE: $60,000 Bed: 3 Baths: 2 Sq. Ft.: 1500 COE: 09/05/12 0.9 miles from subject property

A map of the comparables in relationship to the target property can be found by clicking on this link
http://batchgeo.com/map/af0b45693469e650f5055ab58d374ae1

If you are interested in more information, please contact Chris or Nicole at: Purple Pliers, Inc. (702)570-8086 purplepliers@ptd.net

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