- Single family raised ranch, 4 bedroom / 2 bathroom
- Acquisition $81,500, budgeted rehab $25,000, sales price $147,000
- Total investment required: $110,000
- Investor net ROI of 7%, loan period of 150 days
- Major work required:
- Install new hardwood floors throughout main level
- Replace rear wooden deck
- Replace all windows
- Tuckpoint front porch
- Remodel kitchen (keep existing cabinets) and bathrooms