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Property Repair Estimate Sheet: Inspection Checklist Repair Cost Calculations

This document is a property repair estimate sheet containing information about a multi-unit property requiring repairs. It lists the property address, inspection date, number of units and their details. An inspection checklist identifies potential repair needs like the roof, siding, windows, plumbing and more. Estimated repair costs are provided for each item to calculate the total repair cost. After repairs, the document estimates the after repair value to determine the maximum allowable offer price.

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synergysgroup
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243 views

Property Repair Estimate Sheet: Inspection Checklist Repair Cost Calculations

This document is a property repair estimate sheet containing information about a multi-unit property requiring repairs. It lists the property address, inspection date, number of units and their details. An inspection checklist identifies potential repair needs like the roof, siding, windows, plumbing and more. Estimated repair costs are provided for each item to calculate the total repair cost. After repairs, the document estimates the after repair value to determine the maximum allowable offer price.

Uploaded by

synergysgroup
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Property Repair Estimate Sheet

Street Address:___________________________________________ Date:____/______/______ Inspected By:______________


City:______________________________ ( ) 2 Unit ( ) 3 Unit ( ) 4 Unit ( ) 5 Unit ( ) Other ( ) Vacant
Unit 1: Bed______ Bath_____ Sq. Ft_______ Rent______ Unit 2: Bed______ Bath_____ Sq. Ft______ Rent_______
Unit 3: Bed______ Bath_____ Sq. Ft_______ Rent______ Unit 4: Bed______ Bath_____ Sq. Ft______ Rent_______
Unit 5: Bed______ Bath_____ Sq. Ft_______ Rent______ Unit 6: Bed______ Bath_____ Sq. Ft______ Rent_______
Inspection Checklist

Yes

#
Units

No

Repair Cost Calculations

1. Need a roof?

(Single ): $ 6,000
Full Roof (Multi):$9,000
1 Layer of Shingles Added: $ 2,500-$3000

2. Exterior Paint / Siding?

Paint: Sing. Fam 1500 sq ft: $3,000 Multi 3000 sq ft :$6000-7000


Siding (Single 1500 sqft):$ 7,000 3000sqft Multi:$ 11,000

3. Need Windows?

# of Window x $150

4. Garage Need Repair?

1 Garage Door: $550


1 Car Paint: $500

5. Yard cleaned or landscaped?

Clean Yard (Easy):$250


Landscape (Easy):$500

6. Heating or furnaces need replacing?

Replace 1 Furnace: $ 1,500


Replace 1 Hot Water Heater: $ 600
Install 1 Zone Baseboard Heater Gut Job: $4,500 per unit
Plumbing: $ 2,500 per floor(new bathroom & kitchen fixturs incl)

7. Plumbing need repair?

1 Reframe Structure: $1,500


2 Car Paint:$1000
Roof New: $2,000
Clean Yard (Hard):$750
Landscape (Hard):$1,000

8. Electrical Need Repair?

1 New Panel: $1,500


1 Floor Fixtures: $200
1 New Service, Panel, Rewire House: $4,000 per floor

9. Foundation need repair?


10. Basement need repair?

Reframe 1 Support Beam: $300


Seal Basement: $ 250
Pour Concrete Floor: $800(5yrds)
Replace Stairwell: $1000
Jack 1 Support Beam: $200
Interior Paint: $1.5- 2 a sq. ft. as a general rule
Single Family: 1500 sq. ft $2500 3 Family 3000 sq ft: $4,500

11. Need interior paint?


12. House need carpet?
13. House need tile / vinyl?
14. Floors need to be sanded?
13. Unit 1 kitchen need repair?
14. Unit 2 kitchen need repair?
15. Unit 3 kitchen need repair?
17. Kitchens need appliances?

Single Family: $1,200


3 Family: $2,000
1 Unit Carpet (500 sq ft): $500 Carpet Rule:Sq ft. / 9 x $10=Cost
1 Kitchen Vinyl tiles (10x10) = $700
Hardwood Install = $7.00 sq/ft
Sand & Refinish= $2.75sq/ft
Single Family Rental: $2,000
3 Fam. Rental: $6,000
Single Family Owner: $3,500
3 Fam. Owner: $7,500
Single Family Nice: $4,000

18. Unit 1 bath need repair?


19. Unit 2 bath need repair?
20. Unit 3 bath need repair?

1 Unit Redone Completely Full Bath: $ 1,500


1 Unit Redone Completely Half Bath: $ 1,000
1 Unit Change Fixtures Only Full Bath: $ 500
1 Unit Change Fixtures Only Half Bath:$ 350

22. Sheetrock damaged or need replacing?


23. Dumpsters?
24. Decks?
25. Other:___________________________

General Rule: $3.00 a sq. ft for total gut job finished


Single Fam Patch:$500-1000 3 Fam Gut:$9-10,000 (Rock&Tape)
Patch Area 10 x 10: $300
Dumpsters: $500-600 per dumpster
Single Family Patch: $1,000 in dumpsters 3 Family Gut: $3,500
Decks: 10x10 = $2,000
15x15= $3,000
3 Family w/ fire escape: $5,000

26. Miscellaneous

Repair Cost x .05

1 Stove: $350
1 Overhead Microwave: $200

27. Comments:_____________________________________________________________
_________________________________________________________________________
After Repair Value
ARV x 70%
(Subtract Repairs)
MAO

$________________
$________________
$________________
$________________

Heating System: Boiler


Heating Fuel:
Oil
Hot Water Fuel: Gas

Furnace
Gas
Electricity

Repair Cost

1 Refrigerator: $500
1 Dishwasher: $250

Total Repair Cost:

Asking Price $_____________________


Comp 1 Address:_____________________ Price:$______________ A / D / S
Comp 2 Address:_____________________ Price:$______________ A / D / S
Comp 3 Address:_____________________ Price:$______________ A / D / S
Water/Sewer:
City
In Ground Oil Tank:
Oil

Septic/Well
Y/N

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