- Single family frame bungalow in Portage Park
- Acquisition $120,000, budgeted rehab $104,000, expected conservative sales price $289,000 (sold for $310,000)
- Investor net ROI 8%, loan period of 180 days
- Major work required:
- New front entrance (repositioned into front enclosed porch)
- New dormer for master bedroom expansion
- New garage siding and roof
- Update electrical service and HVAC systems
- Consolidate basement bedrooms
- New kitchen