- Single family brick Cape Cod, 3 bedroom / 3 bathroom
- Acquisition $46,500, budgeted rehab $39,500, sales price $127,500
- Total investment required: $86,000
- Investor net ROI of 6-8%, loan period of 180 days
- Major work required:
- Refinish basement (seal foundation cracks and replace all drywall)
- Refinish all hardwood floors, recarpet 2nd floor
- New mechanicals (water heater)
- Remodel kitchen and bathrooms (add master bathroom on 2nd floor)
- Partition master bedroom to have private entrance